SPCC Quiz

1) What is written at the end of the appointment letter?

• a) Good wishes                  

• Congratulations

• Reminder

• Result of written interview

In how many days should the company registrar be informed after the appointment of the managing director?

• 30 days

• 60 days

• 90 days

• 120 days

3) In voluntary transfer

• a) There is no requirement of consideration

• b) consideration is not given

• c) Consideration is there

• d) consideration is calculated afterwards

4) Who is authorized to apply for winding up of a company with a special resolution?

• Creditor

• Contributors

• Directors 

• Members

5) Which letter is written to inform the employees about code of conduct formed by the company?

• memo

• circular

• notice

• application letter

6) If shareholder is declared insolvent by the court,

• a) Share transfer will be executed

• b) share transmission will not be executed

• c) Transfer will not be executed

• d) share transfer will not be done in the future

7) In how many public companies can a person be a director?

• 10

• 20

• 30

• 5

8) Before how many days the notice is to be given, prior to the meeting?

• 20 days

• 31 days

• 25 days

• 21 days

9) What type of assets can be taken by the directors?

• land

• machinery

• building

• only cash

10) In transmission shares,

• a) Stamp duty is to be affixed

• b) stamp duty is not necessary

• c) Stamp duty is to be affixed afterwards

•  d) stamp duty will be exempted by the government