New ! Commerce MCQ Practise Tests



  1. Home
  2. 12th Standard
  3. Commerce
  4. 12th Standard Commerce English Medium - Company Management 1 Mark Creative Question Paper and Answer Key 2022 - 2023

Updated 12th Standard Commerce Study Materials 2022-2023 Exams

12th Standard Commerce English Medium - Company Management 1 Mark Creative Question Paper and Answer Key 2022 - 2023 Study Materials Sep-05 , 2022

QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Commerce Subject - Company Management, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.

12th Standard Commerce English Medium - Company Management 1 Mark Creative Question Paper and Answer Key 2022 - 2023

Company Management 1 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:15:00 Hrs
Total Marks : 15

    Multiple Choice Question

    15 x 1 = 15

  1. The group of human beings who undertake the responsibility to run the business of the company are known as

    (a)

    Board of Directors

    (b)

    Shareholders

    (c)

    Debenture holders

    (d)

    None of these

  2. The overall performance of any company is vested with the

    (a)

    debenture holders

    (b)

    directors

    (c)

    Both 'a' and 'b'

    (d)

    None of these

  3. The directors are expected to act in

    (a)

    utmost care

    (b)

    good faith

    (c)

    delegate work

    (d)

    none of these

  4. The directors should conduct their work with

    (a)

    good faith

    (b)

    utmost care

    (c)

    delegate work

    (d)

    None of these

  5. The definition of the term key managerial personnel contained in

    (a)

    Section 2(13)

    (b)

    Section 2(18)

    (c)

    Section 2(50)

    (d)

    Section 2(51)

  6. The Governing body of a company incorporated under companies Act called

    (a)

    Board

    (b)

    Policy

    (c)

    MOA

    (d)

    AOA

  7. Public companies which have paid-up share capital

    (a)

    Rs 5 Crores

    (b)

    10 Crores or more

    (c)

    50 Crores

    (d)

    25 Crores

  8. Public companies which have Turnover

    (a)

    25 Crores

    (b)

    50 Crores

    (c)

    75 Crores

    (d)

    100 Crores or more

  9. The alternative director is not a representative or agent of

    (a)

    Original director

    (b)

    Shadow director

    (c)

    Additional director

    (d)

    Nominee director

  10. The minimum requirement of Director is

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  11. The power of the company to borrow is exercised by its

    (a)

    directors

    (b)

    members

    (c)

    shareholders

    (d)

    manager

  12. According to provisions of the act the borrowings of the company does not exceed

    (a)

    total paid up share capital

    (b)

    total free reserves

    (c)

    authorised captial

    (d)

    total paid up capital and free reserves

  13. The most important document of a company is

    (a)

    Prospectus

    (b)

    Annual report

    (c)

    Memorandum of Association

    (d)

    Articles of Association

  14. How many directors of a public company, unless the articles provide otherwise, must be appointed by the company in general meeting?

    (a)

    One half of the directors

    (b)

    Two-thirds of the directors

    (c)

    Three-fourths of the directors

    (d)

    None of these

  15. Maximum directors of a public ltd company are

    (a)

    7

    (b)

    10

    (c)

    12

    (d)

    15

*****************************************

Reviews & Comments about 12th Standard Commerce English Medium - Company Management 1 Mark Creative Question Paper and Answer Key 2022 - 2023

Write your Comment