Business Law
231. The auditor of government company is appointed by the ______________ of India
- High court
- Supreme court
- State legislative
- Controller and Auditor General.
Correct answer: (D)
Controller and Auditor General.
232. If the company’s Act go beyond the provisions of the Memorandum, its act will be ______________
- Constructive notice
- Circular
- Ultra virus
- None of the above
Correct answer: (C)
Ultra virus
233. Every share holder of a company is also known as ______________
- Member
- Partner
- Director
- All of the above
Correct answer: (A)
Member
234. Articles of association adopt the rules and regulations contained in ______________ of schedule I of the companies Act
- Table C
- Table D
- Table A
- Table B
Correct answer: (C)
Table A
235. A ______________ may be defined as a person having aontrol over the affairs, conduct and management of a company.
- Share holders
- Director
- Body Corporate
- Member
Correct answer: (B)
Director
236. The managing directors hold the ______________ shares of the company.
- Deemed
- Equity
- Qualification
- Preference
Correct answer: (C)
Qualification
237. A meeting of Board of Directors shall be held at least ______________
- One month
- Once in every 3 months and at least 4 such meetings shall be held every year.
- Two month
- 4 months and at least 3 such meetings must be held in every year.
Correct answer: (B)
Once in every 3 months and at least 4 such meetings shall be held every year.
238. When a director voluntarily remains absent from the three consecutive meetings of the Board of Directors, and
- He become liable to be punished with @Rs.500 for every default
- He is disqualified for becoming a director of any company
- His office falls vacant
- None of the above
Correct answer: (C)
His office falls vacant
239. The first annual general meeting of the company must be held within ______________
- 6 months of incorporation
- 6 months from the date at which the company’s entitled to start its business
- 18 months from the date at which the company is entitled to start its business
- 18 months of incorporation.
Correct answer: (D)
18 months of incorporation.
240. The chairman of the company has ______________ vote
- 1
- 3
- 2
- None of these.
Correct answer: (C)
2
Saturday, January 8, 2022