FORMATION OF A COMPANY

FORMATION OF A COMPANY

11th Grade

20 Qs

quiz-placeholder

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FORMATION OF A COMPANY

FORMATION OF A COMPANY

Assessment

Quiz

Business

11th Grade

Medium

Created by

zamzam nigarish

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Minimum number of members to form a public company is-------------

5

7

12

21

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Application for approval of name of a company is to be made to------------------------------

SEBI

Registrar of Companies

Government of India

Government of the State in which Company is to be registered

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

It is necessary to get every company incorporated, whether private or public.

True

False

Not sure

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The shares of -------- company can be freely transferable.

Private company

Public Company

Partnership

All the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

‘A company will remain even if all its members die.” Which feature of the company does this statement signify:

Perpetual Existence

Professional Management

Limited Liability

Transfer of Interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Qualification shares are subscribed by:

Directors of the company

Auditors of the company

Bankers of the company

Employees of the company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Joint Stock Company has to follow a certain specified legal procedure for

its formation. Arrange the following steps of formation in a proper order.

I. Capital subscription stages II. Promotion

III. Commencement of business IV. Incorporation

Select from the following options:

III, II, I, IV

II, IV, III, I

IV, II, III, I

II, IV, I, III

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