Commerce MCQ Question and Answer

Commerce MCQ Question and Answer
181. The Meeting of Board of Directors must be called at least once—
  • In four months
  • In three months
  • In two months
  • In one month
Show Answer
182. The Secretary of a Company should file copies of Special Resolution passed at Extraordinary General Meeting to the Registrar of Companies within—
  • 7 days
  • 14 days
  • 21 days
  • 30 days
Show Answer
183.  What is the quorum of General Meetings in the case of a Private Company ?
  • 2 members
  • 3 members
  • 4 members
  • 5 members
Show Answer
184.  Which of these must hold a Statutory Meeting ?
  • Public Limited Company
  • Private Company
  • Unlimited Company
  • All of these
Show Answer
185. When three sugar mills combine, it is an example of—
  • Vertical combination
  • Horizontal combination
  • Diagonal combination
  • None of the above
Show Answer
186. The first electronic computer system was developed in—
  • 1920
  • 1940
  • 1930
  • 1950
Show Answer
187. An Index is—
  • A filing system
  • A photostat procedure
  • The procedure to collect data
  • An important help in filing
Show Answer
188. Indian Partnership Act was passed in the year—
  • 1956
  • 1936
  • 1932
  • 1930
Show Answer
189. According to the Partnership Act, the maximum number of partners in a banking firm may be—
  • 10
  • 12
  • 4
  • 20
Show Answer
190. Dissolution of Partnership takes place when—
  • A partner misbehaves
  • A partner becomes of unsound mind
  • Business is running at a loss
  • A partner dies
Show Answer
Questions and Answers for Competitive Exams Various Entrance Test