11th Principles of Commerce MCQS Chapter 7

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11th Principles of Commerce MCQS
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The minimum number of directors in a public company

An ordinary resolution is passed for
Winding up of company
Not announcing the dividend
All of them
Section of statutory company

The details of the allotted shares is mentioned in
Statutory report
Special meeting report
Annual meeting report
All of them

After the formation of a company, what is the first meeting of shareholders is called
None of these
Extra ordinary meeting
Statutory meeting
Annual general meeting

What are the possibilities to wind up a company
Voluntary winding up under the supervision of court
All of them
Voluntary winding up
Voilent winding up by the court

Whose signature is important on statutory report of the company

The directors are selected by
All three can do
Board of directors

For how much time the directors are selected in a public ltd. company
10 years
3 years
7 years
2 years

People who run the management of a joint stock company are

To whom does the directors of a company submit the copy of profit and loss account
Company’s auditor
Company’s registrar
Company’s creditor
None of them

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