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XII - Quiz 2 - Lesson 21-28

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Sale of Goods Act passed in the year

a)

1940

b)

1947

c)

1930

2.

The propery in the goods means the

a)

Possession of goods

b)

Custody of Goods

c)

Ownership of goods

3.

Negotiable Instrument Act was passed in the year

a)

1981

b)

1881

c)

1994

4.

Which of the below is the factor of production ?

a)

Land

b)

Labour

c)

Entreprenurship

d)

All the Above

5.

Entreprenur is not classified as

a)

Risk Bearer

b)

Innovator

c)

Employee

d)

Organiser

6.

Which of the below is a commercial function?

a)

Accounting

b)

Coordination

c)

Discovery of idea

d)

Planning

7.

Which of the below is not classified into managerial functions?

a)

Planning

b)

Marketing

c)

Organizing

d)

Controlling

8.

______ is designed to transform India to a global design and manufacturing hub

a)

Digital India

b)

Make in India

c)

Startup India

d)

Design India

9.

______ is the Government of India's endeavour to promote culture of innovation and entrepreneurship

a)

AIM

b)

STEP

c)

SEED

d)

AIC

10.

________ has to include the mechanism for managing venture in the project report

a)

Banker

b)

Government

c)

Lending Institutions

d)

Entrepreneur

11.

The Shares which are offered to the existing shareholder at free of cost is known as ______

a)

Bonus Share

b)

Equity Share

c)

Right Share

d)

Preference Share

12.

How does a person who envisages the idea to form a company called ?

a)

Director

b)

Company Secretary

c)

Registrar

d)

Promoter

13.

The Company will have to issue the notice of situation of Registered Office to the Registrar of Companies within _____ days from the date of incorporation

a)

14 days

b)

21 days

c)

30 days

d)

60 days

14.

The shares which are offered first to the existing shareholder at reduced price is known as _____________.

a)

Bonus Share

b)

Equity Share

c)

Right Share

d)

Preference Share

15.

A person Shall hold office as a director in ________ companies as per the Companies Act, 2013.

a)

5

b)

10

c)

15

d)

20

16.

A Private Company shall have a minimum of ________.

a)

7

b)

5

c)

3

d)

2

17.

A Public Company shall have a minimum of ________ Directors.

a)

12

b)

7

c)

3

d)

2

18.

Who can become a secretary for a company?

a)

Individual person

b)

Partnership firm

c)

Co-operative societies

d)

Trade unions

19.

Who is not entitled to speak at the annual general meeting of the company

a)

Proxy

b)

Auditor

c)

Shareholder

d)

Directors

20.

From the date of its incorporation the First Annual General Meeting is to be conducted within __________ months.

a)

12

b)

15

c)

18

d)

21