MCQOPTIONS
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MCQOPTIONS
This section includes 180 Mcqs, each offering curated multiple-choice questions to sharpen your Hazardous Waste Management knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Notice of statutory meeting should be attested by at least. |
| A. | 3 directors |
| B. | 2 directors |
| C. | 3 directors |
| D. | None of these |
| Answer» C. 3 directors | |
| 2. |
Interest out of capital can be paid only if it is sanctioned by____ |
| A. | MOA |
| B. | AOA |
| C. | NCLT |
| D. | C.G |
| Answer» C. NCLT | |
| 3. |
What is the time limit for conducting statutory meeting? |
| A. | 1 to 5 months |
| B. | 1 to 6 months |
| C. | 1 to 9 months |
| D. | None of these |
| Answer» C. 1 to 9 months | |
| 4. |
Notice of statutory meeting should be given with a period not less than |
| A. | 21 clear days |
| B. | 14 clear days |
| C. | 7 clear days |
| D. | None of these |
| Answer» B. 14 clear days | |
| 5. |
Change in objects clauses can be effected |
| A. | For any reason |
| B. | For special reason only |
| C. | to comply with C.G order |
| D. | None of the above |
| Answer» C. to comply with C.G order | |
| 6. |
Buy back by board resolution can only be upto _________ |
| A. | 15 |
| B. | 10 |
| C. | 25 |
| D. | 20 |
| Answer» C. 25 | |
| 7. |
In case of appointment of Directors ______ form is to be filed |
| A. | 29 |
| B. | 32 |
| C. | 18 |
| D. | 1 |
| Answer» B. 32 | |
| 8. |
Contracts made after incorporation but before the grant of Certificate of commencementof Business _____ |
| A. | Provisional contracts |
| B. | Pre incorporation contracts |
| C. | Preliminary contracts |
| D. | Both (b) & (c) |
| Answer» D. Both (b) & (c) | |
| 9. |
Signature of memorandum and articles should be done by ___________ number ofpersons in case of public company |
| A. | 7 |
| B. | 5 |
| C. | 4 |
| D. | None of these |
| Answer» B. 5 | |
| 10. |
The company must deliver share certificate within ___________ if the shares applied fortransfer. |
| A. | 3 months |
| B. | 2 months |
| C. | 5 months |
| D. | none of these |
| Answer» C. 5 months | |
| 11. |
What is the liability not delivering that can be imposed for statement in lieu ofprospectus_________ |
| A. | Fine – 10,000 |
| B. | Imprisonment – 2 years |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» B. Imprisonment – 2 years | |
| 12. |
_______stands in the fiduciary position of the company |
| A. | Directors |
| B. | Promoters |
| C. | Auditors |
| D. | None of the above |
| Answer» C. Auditors | |
| 13. |
The premium amount that can be charged as per companies Act. |
| A. | 10% |
| B. | 15% |
| C. | 20% |
| D. | None of these |
| Answer» E. | |
| 14. |
_________ Order to call a EGM even though 1 member present in person or by proxy. |
| A. | ROC |
| B. | C.G. |
| C. | NCLT |
| D. | D.C.A |
| Answer» C. NCLT | |
| 15. |
If quorum is not present with in _________ time the meeting is stand dissolved. |
| A. | ½ Hr. |
| B. | 1 Hr. |
| C. | 1 ½ Hr |
| D. | 2 Hr. |
| Answer» B. 1 Hr. | |
| 16. |
Which of the following can be used for buy back of shares |
| A. | Free reserves |
| B. | Securities premium |
| C. | Proceeds of fresh issue of shares |
| D. | All of the above |
| Answer» E. | |
| 17. |
_________Days be given for payment of call money from the date of service of notice |
| A. | 14 |
| B. | 13 |
| C. | 12 |
| D. | 11 |
| Answer» B. 13 | |
| 18. |
_______ may grant exemption to any class of companies with regard to the time & placeof AGM. |
| A. | C.G |
| B. | ROC |
| C. | NCLT |
| D. | D.C.A |
| Answer» B. ROC | |
| 19. |
Proxy need not be a ____ of the company |
| A. | Shareholders |
| B. | Members |
| C. | Both a and b |
| D. | None of the above |
| Answer» D. None of the above | |
| 20. |
Address of the registered office is situated in |
| A. | MOA |
| B. | AOA |
| C. | Prospectus |
| D. | None of these |
| Answer» C. Prospectus | |
| 21. |
Who should certify that company allotted the shares and cash received in respect thereof ______ |
| A. | Auditor |
| B. | Director |
| C. | Share holder |
| D. | Members |
| Answer» B. Director | |
| 22. |
Directors are __________ of the company |
| A. | Employees |
| B. | Employers |
| C. | Both a & b |
| D. | None of the above |
| Answer» E. | |
| 23. |
Premium amount on the securities are transferred to ________account |
| A. | Securities premium |
| B. | Reserve fund |
| C. | Capital Reserve |
| D. | None |
| Answer» E. | |
| 24. |
A statement in lieu of prospectus is required to be issued |
| A. | by all companies which issue shares or debentures |
| B. | by public companies when shares are issued among friends and relatives |
| C. | by private companies as they do not issue shares to the public |
| D. | by all companies |
| Answer» C. by private companies as they do not issue shares to the public | |
| 25. |
A company must inform the registrar about redemption of preference shares with in |
| A. | 21 days |
| B. | 15 days |
| C. | 30 days |
| D. | None of the above |
| Answer» D. None of the above | |
| 26. |
MOA should be in form ____________ in case of company limited by guarantee nothaving share capital |
| A. | Table A |
| B. | Table B |
| C. | Table C |
| D. | Table D |
| Answer» D. Table D | |
| 27. |
Which of the following need not have MOA |
| A. | Public company |
| B. | Private company |
| C. | Government company |
| D. | Statutory Corporation. |
| Answer» E. | |
| 28. |
Company to accept calls in advance from shareholders they should have permission in |
| A. | MOA |
| B. | AOA |
| C. | BOD |
| D. | None of these |
| Answer» C. BOD | |
| 29. |
_______ is an instrument of transfer signed by the transferor in which the name & dateare not filled. |
| A. | Forged transfer |
| B. | Blank transfer |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |
| 30. |
What is the punishment for directors, promoters and other persons for Misrepresentationin prospectus |
| A. | Fine 50,000 |
| B. | 2 years imprisonment |
| C. | Both of the above |
| D. | None |
| Answer» D. None | |
| 31. |
First AGM must be held within ____________ from the date of the balance sheet |
| A. | 6months |
| B. | 9months |
| C. | 5months |
| D. | None of these |
| Answer» C. 5months | |
| 32. |
The granting of the certificate of incorporation renders the illegal objects include in thememorandum: |
| A. | Legal |
| B. | Void |
| C. | Voidable |
| D. | None of the above |
| Answer» C. Voidable | |
| 33. |
Stamp duty to be paid at the time of issue of share warrant. |
| A. | Nominal |
| B. | High |
| C. | Very high |
| D. | None of these |
| Answer» D. None of these | |
| 34. |
Private company can start its business immediately after the issue of |
| A. | certificate of commencement of business |
| B. | certificate of incorporation |
| C. | both |
| D. | none of the above |
| Answer» C. both | |
| 35. |
If a new company get registered with a name which resembles the name of existingcompany then it should apply to whom? |
| A. | NCLT |
| B. | SEBI |
| C. | ROC |
| D. | None of the above |
| Answer» B. SEBI | |
| 36. |
In the event of company being wound up the Tribunal shall prepare list of contributoriesinto _____ |
| A. | List A |
| B. | List B |
| C. | List A and List B |
| D. | List A or List B |
| Answer» D. List A or List B | |
| 37. |
The person to whom the rights and duties are endorsed is called _________ |
| A. | Transferee |
| B. | Transferor |
| C. | Endorser |
| D. | Endorsee |
| Answer» B. Transferor | |
| 38. |
A cost auditor makes his report to: |
| A. | Members of company |
| B. | Directors of company |
| C. | Registrar |
| D. | C. G. |
| Answer» C. Registrar | |
| 39. |
MOA should be in form ____________ in case of company limited by shares |
| A. | Table A |
| B. | Table B |
| C. | Table C |
| D. | Table D |
| Answer» C. Table C | |
| 40. |
Stamp duty to be paid at the time of issue of share certificate is. |
| A. | Nominal |
| B. | High |
| C. | Very high |
| D. | None of these |
| Answer» B. High | |
| 41. |
The person who transfer his rights and duties is called __________ |
| A. | Transferee |
| B. | Transferor |
| C. | Promisor |
| D. | Promisee |
| Answer» C. Promisor | |
| 42. |
_________ opined that ROC could grant extension only when application for extensionis made before the expiry of period u/s 166 (1) |
| A. | DCA |
| B. | NCLT |
| C. | Govt |
| D. | Both (b) & (c) |
| Answer» B. NCLT | |
| 43. |
_______ meeting given an opportunity to the member to know discuss on promotion &formation of the company. |
| A. | General |
| B. | EGM |
| C. | Statutory |
| D. | None of the above |
| Answer» D. None of the above | |
| 44. |
Signature of memorandum and articles should be done by ___________number ofpersons in case of private company |
| A. | 3 |
| B. | 4 |
| C. | 2 |
| D. | None of these |
| Answer» D. None of these | |
| 45. |
In which one or more of the following company a member does not have a right toappoint proxy: |
| A. | Public company having share capital |
| B. | Public company not having share capital |
| C. | Private company not having a share capital |
| D. | None of the above |
| Answer» C. Private company not having a share capital | |
| 46. |
If buy back is made from free resources then what should be created __________ |
| A. | Debenture Redemption Reserve |
| B. | Capital Redemption Reserve |
| C. | Statutory liquid Ratio. |
| D. | None of the above |
| Answer» C. Statutory liquid Ratio. | |
| 47. |
MOA should be in form ____________ in case of a unlimited liability |
| A. | Table A |
| B. | Table B |
| C. | Table E |
| D. | None of these |
| Answer» D. None of these | |
| 48. |
In case of continuing default to convene the AGM fine is Rs. _______ for every day. |
| A. | 250 |
| B. | 300 |
| C. | 350 |
| D. | 400 |
| Answer» B. 300 | |
| 49. |
__________companies are permitted to buy back its shares |
| A. | Insolvent |
| B. | Solvent |
| C. | Both a & b |
| D. | None of the above |
| Answer» C. Both a & b | |
| 50. |
Which of the following are not required to issue prospectus? |
| A. | Private company |
| B. | In case of right issue |
| C. | Sweat equity issue |
| D. | All the above |
| Answer» E. | |