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12th Standard Commerce Companies Act 2013 English Medium Free Online Test One Mark Questions 2020 - 2021

Published on: 07/11/2020

Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 12th Standard - Commerce

chapter: - Model Question paper

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Questions:

Multiple Choice Question

10 x 1 = 10

The ___________ is the charter of a company.

(a)

Memorandum of Association

(b)

Articles of Association

(c)

Both 'a' and 'b'

(d)

None of the above

List I		List II
i)	Issue of shares at par	1)	Except sweat equity share
ii)	Issue of shares at premium	2)	Reserves and surplus
iii)	Issue of securities at discount	3)	Write off preliminary expenses
iv)	Bouns shares	4)	No legal restrictions

(a)

(i)	(ii)	(iii)	(iv)
1	2	3	4

(b)

(i)	(ii)	(iii)	(iv)
2	3	1	4

(c)

(i)	(ii)	(iii)	(iv)
3	4	2	1

(d)

(i)	(ii)	(iii)	(iv)
4	3	1	2

The person who envisages the idea is called a

(a)

Promoter

(b)

Manager

(c)

Director

(d)

Member

A debenture, in which no specific time is specified by the companies to pay back the money is called an

(a)

Registered debentures

(b)

Bearer debentures

(c)

Irredeemable debentures

(d)

None of these

The second stage in the formation of the company is

(a)

promotion

(b)

registration

(c)

capital subscription

(d)

commencement of business

Which company shares can be freely transferable?

(a)

Private company

(b)

Public company

(c)

Both 'a' and 'b'

(d)

None of these

The shares which are offered first to the existing shareholder at reduced price is known as ______

(a)

Bonus Share

(b)

Equity Share

(c)

Right Share

(d)

Preference Share

Specify the document which comes under the Negotiable Instrument Act.

(a)

Share Certificate

(b)

(c)

Share Warrant

(d)

Stock

Specify the type of resolution to be passed to choose the location of Registered Office of the company within the town or village or city.

(a)

Ordinary

(b)

Special

(c)

Either Ordinary or Special

(d)

Board

10.

The Company will have to issue the notice of situation of Registered Office to the Register of Companies within ______ days from the date of incorporation.

(a)

14 days

(b)

21 days

(c)

30 days

(d)

60 days