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Quiz 3 Company Law

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The earliest form of incorporation of companies is

a)

Chartered Company

b)

Statutory Company

c)

Registered Company

d)

None

2.

In which section of the Companies Act, 2013 are different companies defined?

a)

Section 5

b)

Section 2

c)

Section 12

d)

Section 15

3.

Which of the following companies are exempted to add "Ltd" or "Pvt.Ltd" at the end of their name?

a)

Govt Companies

b)

Defunct Companies

c)

Private Companies

d)

Not for Profit Companies

4.

Companies incorporated under an act of Parliament are known as-------------------companies

a)

Government

b)

Statutory

5.

Minimum paid up capital of a Public Company is fixed at 3 lakh rupees.

a)

True

b)

False

6.

Which of the following is correct about a private company?

a)

There must be atleast 2 members.

b)

It cannot issue prospectus.

c)

Preparation of article is mandatory.

d)

All of the above.

7.

Minimum number of directors in private company is:

a)

1

b)

2

c)

3

d)

4

8.

Minimum number of directors in public company is.....................?

a)

4

b)

3

c)

2

d)

1

9.

Minimum number of members is a private company is.......?

a)

2

b)

3

c)

4

d)

7

10.

Minimum number of members in a public company is...?

a)

2

b)

7

c)

3

d)

1

11.

Maximum number of members in a private company is......?

a)

2

b)

7

c)

50

d)

200

12.

Private Company not restricts the transer of shares?

a)

True

b)

False

13.

Private Company can allot shares immediately after getting 'Certificate of Incorporation'.

a)

False

b)

True

14.

Which section of the Companies (Amendment) Act, 2015 defines the private company?

a)

Sec 2(65)

b)

Sec 2(68)

c)

Sec 2(70)

d)

Sec 2(60)

15.

One-third of Directors of a public company are required to be retire by rotation.

a)

False

b)

True