Finance quiz 3 -Company Law Quiz

Finance quiz 3 -Company Law Quiz

Professional Development

15 Qs

quiz-placeholder

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Finance quiz 3 -Company Law Quiz

Finance quiz 3 -Company Law Quiz

Assessment

Quiz

Financial Education

Professional Development

Hard

Created by

rambabu undabatala

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum capital requirement for a private company?

₹10,000

₹50,000

₹1,00,000

₹5,00,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum capital requirement for a public company?

₹10,000

₹50,000

₹1,00,000

₹5,00,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum number of members allowed in a private company?

50

100

200

Unlimited

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum number of members required to start a public company?

2

3

5

7

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true about public companies?

They cannot invite the public to subscribe to shares.

They have restrictions on the transfer of shares.

They can freely transfer shares to anyone.

Their name must end with 'Private Limited.'

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement is true regarding a holding company?

It has less than 51% of shares in another company.

It prepares standalone financial statements.

It has 51% or more shares in another company.

It is controlled by a subsidiary company.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement is true regarding a subsidiary company?

It has more than 51% shares in another company.

It controls the holding company.

It prepares consolidated financial statements.

It is controlled by the holding company.

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