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Published on: 05/09/2022
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.
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.
Maximum directors of a public ltd company are
7
10
12
15
2.
How many directors of a public company, unless the articles provide otherwise, must be appointed by the company in general meeting?
One half of the directors
Two-thirds of the directors
Three-fourths of the directors
None of these
3.
The most important document of a company is
Prospectus
Annual report
Memorandum of Association
Articles of Association
4.
According to provisions of the act the borrowings of the company does not exceed
total paid up share capital
total free reserves
authorised captial
total paid up capital and free reserves
5.
The power of the company to borrow is exercised by its
directors
members
shareholders
manager
6.
The minimum requirement of Director is
two
three
four
five
7.
The alternative director is not a representative or agent of
Original director
Shadow director
Additional director
Nominee director
8.
Public companies which have Turnover
25 Crores
50 Crores
75 Crores
100 Crores or more
9.
Public companies which have paid-up share capital
Rs 5 Crores
10 Crores or more
50 Crores
25 Crores
10.
The Governing body of a company incorporated under companies Act called
Board
Policy
MOA
AOA
11.
The definition of the term key managerial personnel contained in
Section 2(13)
Section 2(18)
Section 2(50)
Section 2(51)
12.
The directors should conduct their work with
good faith
utmost care
delegate work
None of these
13.
The directors are expected to act in
utmost care
good faith
delegate work
none of these
14.
The overall performance of any company is vested with the
debenture holders
directors
Both 'a' and 'b'
None of these
15.
The group of human beings who undertake the responsibility to run the business of the company are known as
Board of Directors
Shareholders
Debenture holders
None of these
1.
(d)
15
2.
(b)
Two-thirds of the directors
3.
(c)
Memorandum of Association
4.
(d)
total paid up capital and free reserves
5.
(a)
directors
6.
(a)
two
7.
(a)
Original director
8.
(d)
100 Crores or more
9.
(b)
10 Crores or more
10.
(a)
Board
11.
(d)
Section 2(51)
12.
(b)
utmost care
13.
(b)
good faith
14.
(b)
directors
15.
(a)
Board of Directors
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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
