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Kinds of companies

Total questions: 14

Worksheet time: 5mins

Name
Class
Date
1.

The companies which are established by king and queen is known as

a)

Statutory companies

b)

Chartered companies

c)

Registered companies

d)

Government companies

2.

---------- is the most popular types of companies

a)

Statutory companies

b)

Association for profit

c)

Registered companies

d)

One person company

3.

The minimum number of directors in a public company

a)

2

b)

3

c)

10

d)

15

4.

DIN stands for

a)

Director identification number

b)

Directive identification Nil

c)

Decisive information number

d)

Director information numerical

5.

ROC stands for

a)

Regional office certificate

b)

Registrar of Companies

c)

Region of corpus

d)

Register of companies

6.

Which company should not transfer shares?

a)

Private company

b)

Public Company

c)

Government company

d)

Domestic company

7.

Reserve Bank of India, Life insurance Corporation are examples of ....

a)

Statutory Company

b)

Government Company

c)

Foreign Company

d)

Chartered Company

8.

Which of the following are the feature of the private co.

a)

Restriction on transfer of shares

b)

Limitation on membership

c)

Prohibition on inviting public to subscribe for securities

d)

All of the above

9.

Quorum in case of public company is

a)

Minimum of two members

b)

Minimum of three members

c)

Minimum of five members

d)

Maximum if five members

10.

Maximum share capital in case of OPC cannot exceed

a)

5 lakh rupees

b)

5 crores rupees

c)

2 crores rupees

d)

50 laks rupees

11.

In case of government companies more than 50% shares are hold by

a)

Central government

b)

State government

c)

Partly by State & Central govt

d)

All of the above

12.

Foreign co. is a company

a)

Registered in India

b)

Registered in India has place of business outside India

c)

Registered outside India has place of business in India

d)

None of the above

13.

Subsidiary co. means a company in which the holding co.

a)

Controls the composition of Board of Directors

b)

Control more than 50% of total share capital

c)

All of the above

14.

Maximum number of partners in case of other than banking business are

a)

10

b)

20

c)

200

d)

unlimited