Corporate Laws

Q 1. The company agrees that the remuneration of non‐ executive directors shall be decided by ‐‐‐‐‐‐‐‐‐‐

(A) Company
(B) Share holders
(C) Board of Directors
(D) Central Government
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Q 2. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a kind of industrial property which can be purchased

(A) Trade mark
(B) Collective mark
(C) Patent
(D) ISI mark
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Q 3. A unique feature of trade mark is its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Corporality
(B) Perpetual life
(C) Degeneration
(D) Industrialism
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Q 4. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ guarantees its established quality

(A) Patent
(B) Goods
(C) Trade mark
(D) Safety
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Q 5. For meeting may be adjourned by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ circumstances

(A) Quorum is not present
(B) Lack of information
(C) Balance sheet is not present
(D) None of the above
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Q 6. The winding up in which a solvency declaration is not made is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Creditors voluntary winding up
(B) Members voluntary winding up
(C) Compulsory winding up
(D) None of the above
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Q 7. The minutes of the company in case of a Board Meeting shall be signed by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Director
(B) Chairman
(C) Managing director
(D) Both A and B.
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Q 8. Mention one right that the proxy enjoys during a meeting?

(A) Right to attend the meeting
(B) Right to poll
(C) Right to vote
(D) None of these
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Q 9. East India Company is an example of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company

(A) Chartered
(B) Statutory
(C) Registered
(D) Foreign.
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Q 10. Extra ordinary meeting of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

(A) Member
(B) Share holders
(C) Directors
(D) Both A and B
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