πŸ“Š Management information system
Q. Notice of the registered office of the company shall be given to the Registrar of companies with in ______
  • (A) 45 day
  • (B) 30 days
  • (C) 15 days
  • (D) 60 days
πŸ’¬ Discuss
βœ… Correct Answer: (B) 30 days
πŸ“Š Management information system
Q. The charter of a company is its __________
  • (A) Articles of Association
  • (B) Prospectus
  • (C) Memorandum of Association
  • (D) Certificate of incorporation
πŸ’¬ Discuss
βœ… Correct Answer: (C) Memorandum of Association
πŸ“Š Management information system
Q. The most important clause in the Memorandum of Association of a company is __________
  • (A) Name clause
  • (B) Objects clause
  • (C) Registered Office clause
  • (D) Liability clause
πŸ’¬ Discuss
βœ… Correct Answer: (B) Objects clause
πŸ“Š Management information system
Q. Shelf Prospectus means a prospectus issued by ______
  • (A) Any trading company
  • (B) Any industrial company
  • (C) Any financial institution or bank
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (C) Any financial institution or bank
πŸ“Š Management information system
Q. Where a director acts dishonestly to the interest of the company. He will be held liable for ________
  • (A) Negligence
  • (B) Malafide acts
  • (C) Ultravires acts
  • (D) Breach of fiduciary duty
πŸ’¬ Discuss
βœ… Correct Answer: (D) Breach of fiduciary duty
πŸ“Š Management information system
Q. On a winding up order being made, the company's property comes under the custody of ______
  • (A) Central government
  • (B) Tribunal
  • (C) Shareholders
  • (D) Liquidator
πŸ’¬ Discuss
βœ… Correct Answer: (D) Liquidator
πŸ“Š Management information system
Q. The company agrees that the remuneration of non-executive directors shall be decided by _______
  • (A) Company
  • (B) Shareholders
  • (C) Board of Directors
  • (D) Central Government
πŸ’¬ Discuss
βœ… Correct Answer: (C) Board of Directors