Commerce MCQ Question and Answer
Commerce MCQ Question and Answer
171. The ‘Doctrine of Indoor Management’ provides protection to the—
- Board of Directors
- Shareholders
- Managing Director
- Outsiders
172. By which of the following methods a Company Secretary can be removed from his post ?
- By passing a resolution in Board Meeting
- By order of Registrar of Companies
- By passing a resolution in Annual General Meeting
- None of the above
173. Dividend paid between two Annual General Meetings is known as—
- Final dividend
- Interim dividend
- Special dividend
- None of the above
174. In a Private Company there are restrictions regarding—
- Transfer of shares
- Issue of prospectus
- Number of members
- All of the above
175. The gap between two General Meetings of the Company should not be more than—
- 12 months
- 18 months
- 15 months
- 20 months
176. Statement containing details of items to be considered in a meeting is called—
- Agenda
- Minutes
- Resolution
- Notice
177. The minimum and maximum number of members in a Private Company is—
- 2 and 50
- 2 and 20
- 2 and 10
- None of the above
178. What is the maximum limit of remuneration for a whole time manager in a company ?
- 3% of net annual profit
- 5% of net annual profit
- 7% of net annual profit
- None of the above
179. Which among the following documents defines the relationship between a company and outsiders ?
- Memorandum of Association
- Articles of Association
- Prospectus
- None of the above
180. Registration is not essential in case of a—
- Company
- Co-operative organisation
- Co-operative Societies
- Business of Joint Hindu Family