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Company Management 1 Mark Book Back Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 00:15:00 Hrs
Total Marks : 10

    Multiple Choice Question

    10 x 1 = 10
  1. A person Shall hold office as a director in ___________companies as per the Companies Act, 2013.

    (a)

    5 companies

    (b)

    10 companies

    (c)

    20 companies

    (d)

    15 companies

  2. Which ____________ Director is appointed by a Financial institution

    (a)

    Nominee

    (b)

    Additional

    (c)

    Women

    (d)

    Shadow

  3. A Private Company shall have a minimum of_______.

    (a)

    Seven directors

    (b)

    Five directors

    (c)

    Three directors

    (d)

    Two directors

  4. A Public Company shall have a minimum of_________ Directors.

    (a)

    Twelve

    (b)

    Seven

    (c)

    Three

    (d)

    Two

  5. A Public Company having a paid up Share Capital of  ₹ _________ or more may have a Director, elected by such small shareholders.

    (a)

    One crore

    (b)

    Three crores

    (c)

    Five crores

    (d)

    Seven crores

  6. Under the Companies Act, which one of the following powers can be exercised by the Board of Directors?

    (a)

    Power to sell the company's undertakings

    (b)

    Power to make call

    (c)

    Power to borrow money in excess of the paid up capital

    (d)

    Power to reappoint an auditor

  7. Which director need not hold qualifying shares.

    (a)

    Directors appointed to Central Government

    (b)

    Directors appointed to Shareholders

    (c)

    Directors appointed to Managing Director

    (d)

    Directors appointed to Board of Directors

  8. What is the statue of Directors who regulate money of the company?

    (a)

    Banker

    (b)

    Holder

    (c)

    Agent

    (d)

    Trustees

  9. According to Companies Act, the Directors must be appointed by the _______.

    (a)

    Central Government

    (b)

    Company Law Tribunal

    (c)

    Company in General Meeting

    (d)

    Board of Directors

  10. The Board of Directors can exercise the power to appoint directors in the case of

    (a)

    Additional Directors

    (b)

    Filling up the Casual vacancy

    (c)

    Alternate Directors

    (d)

    All the above

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