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Published on: 07/11/2020
12th Standard Commerce Companies Act 2013 English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021
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.
Questions + Answers key
Take MCQ Commerce Test1.
__________ share capital has priority both in repayment of dividend as well as capital.
Equity
Nonpreference
Preference
All of the above
2.
A copy of the __________ must accompany each from of application for shares offered to the public.
Memorandum of Association
Prospectus
Articles of association
None of the above
3.
____________ is normally decided at the time of subscription.
Fully convertible debentures
Optionally convertible debentures
Non convertible debentures
Partly convertible debenture
4.
If the proposed nominal capital is more than Rs. 25 lakhs at the time of incorporation then the company needs to submit ________ along with the application.
statement of capital
certificate of incorporation
certificate of capital
none of these
5.
The ___________ is the charter of a company.
Memorandum of Association
Articles of Association
Both 'a' and 'b'
None of the above
6.
| List I | List II | ||
|---|---|---|---|
| i) | Registered debentures | 1) | Irredeemable debenture |
| ii) | Bearer debentures | 2) | Charge on the fixed assets |
| iii) | Perpetual debentures | 3) | Negotiable instrument |
| iv) | Secured debentures | 4) | Issued in the name of a particular person |
| (i) | (ii) | (iii) | (iv) |
| 2 | 3 | 4 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 4 | 3 | 2 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 2 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 1 | 2 | 3 | 4 |
7.
Minimum number of members required to apply for incorporation certificate in a Public Ltd company is
3
2
7
50
8.
Who can issue stock?
Public
Private
One Person
Small
9.
Which of the following types of shares are issued by a company to raise capital from the existing shareholders?
Equity Shares
Right Shares
Preference Shares
Bonus Shares
10.
How does a person who envisages the idea to form a company called ?
Director
Company Secretary
Registrar
Promoter
1.
(c)
Preference
2.
(b)
Prospectus
3.
(d)
Partly convertible debenture
4.
(c)
certificate of capital
5.
(a)
Memorandum of Association
6.
(b)
| (i) | (ii) | (iii) | (iv) |
| 4 | 3 | 2 | 1 |
7.
(c)
7
8.
(a)
Public
9.
(b)
Right Shares
10.
(d)
Promoter
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards