Q. At one time the appointment of sole selling agent can be made for a period of ______
✅ Correct Answer: (C)
five year
Management information system MCQs and Notes
Q. When a director voluntarily remains absent from the three consecutive meetings of the Board of Directors, and
✅ Correct Answer: (C)
his office falls vacant
Q. __________ can be imposed on directors for non compliance of requirements of companies Act.
✅ Correct Answer: (B)
Fine
Q. A Managing Director can be appointed for a maximum period of ___________
✅ Correct Answer: (D)
5 years
Q. __________ is a group of people who are acting on behalf of the Company.
✅ Correct Answer: (C)
Board of directors
Q. Minimum number of directors in private company is _________
✅ Correct Answer: (B)
2
Q. Minimum number of directors in public company is ______
✅ Correct Answer: (A)
3
Q. The quorum for a meeting of the board of directors shall be ________ of its total strength or 2 directors, whichever is higher.
✅ Correct Answer: (D)
1/3
Q. A meeting of Board of directors shall be held at least ____________
✅ Correct Answer: (B)
Once in every 3 months and at least 4 such meetings shall be held every year.
Q. __________ is the executive authority of the company.
✅ Correct Answer: (C)
Board of Directors