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.
| 101. |
_______are the prospectus issued instead of full prospectus |
| A. | Abridged |
| B. | Statement in lieu |
| C. | Shelf |
| D. | Red herring |
| Answer» B. Statement in lieu | |
| 102. |
_______ transfer is null and void |
| A. | Forged |
| B. | Blank |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» B. Blank | |
| 103. |
Reduction & diminution is done under which sec. |
| A. | 100 & 94 |
| B. | 94 & 100 |
| C. | 100 & 96 |
| D. | 96 & 100 |
| Answer» B. 94 & 100 | |
| 104. |
Qualification shares for a director are provided in the ________ |
| A. | Company Act |
| B. | MOA |
| C. | AOA |
| D. | Contract b/w Company & Directors |
| Answer» B. MOA | |
| 105. |
What is known as a charter of a Company? |
| A. | Memorandum |
| B. | Articles |
| C. | Bye laws |
| D. | Prospectus |
| Answer» B. Articles | |
| 106. |
The doctrine of _________ does not apply to acts void ab initio. |
| A. | Ultra virus |
| B. | Intra virus |
| C. | constructive notice |
| D. | Indoor management |
| Answer» E. | |
| 107. |
When there is a untrue statement in a prospectus who can sue |
| A. | Subscribed in primary market |
| B. | Subscribed in secondary market |
| C. | Rights issue |
| D. | None of the above |
| Answer» B. Subscribed in secondary market | |
| 108. |
_________ Preference shares carry the right to cumulate the dividends |
| A. | Converted |
| B. | Cumulative |
| C. | Nonconverted |
| D. | None |
| Answer» C. Nonconverted | |
| 109. |
The time period for conduction of AGM is extended by ROC for how many months |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» D. 4 | |
| 110. |
Information memorandum + shelf prospectus together constitutes ________ |
| A. | Memorandum |
| B. | Articles |
| C. | Prospectus |
| D. | None of the above |
| Answer» D. None of the above | |
| 111. |
Any change in the address of the registered office must be communicated to the registrarwithin: |
| A. | 15 days |
| B. | 30 days |
| C. | 1 Month |
| D. | 12 months |
| Answer» D. 12 months | |
| 112. |
Loose – leaf minutes to be bound into books at regular intervals of _________ months |
| A. | 6 |
| B. | 7 |
| C. | 8 |
| D. | 9 |
| Answer» B. 7 | |
| 113. |
In case of Public Company the quorum should be |
| A. | 5 members |
| B. | 7 members |
| C. | 2 members |
| D. | None of these |
| Answer» B. 7 members | |
| 114. |
Capital redemption reserve must be used for issue of |
| A. | Fully paid bonus shares |
| B. | Fully paid equity shares |
| C. | Preference shares |
| D. | None of the above. |
| Answer» B. Fully paid equity shares | |
| 115. |
C.G. approval is necessary in case of issue of __________ |
| A. | Share certificate |
| B. | Share warrant |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |
| 116. |
Which of the following can issue the share warrant |
| A. | Public |
| B. | Private |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» B. Private | |
| 117. |
Cumulative preference share holders have voting right if dividends are in arrears for years |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» C. 3 | |
| 118. |
______ conceives the idea of the business |
| A. | Promoters |
| B. | Directors |
| C. | Auditors |
| D. | None of the above |
| Answer» B. Directors | |
| 119. |
Majority rule is not applicable when |
| A. | The act done is illegal |
| B. | The act done is ultra vires the company. |
| C. | The act done constitutes a fraud |
| D. | all the above |
| Answer» E. | |
| 120. |
__________ is a document showing title |
| A. | Share certificate |
| B. | Share warrant |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» D. None of the above | |
| 121. |
Buy back securities should be physically destroyed within ________days |
| A. | 7 |
| B. | 17 |
| C. | 21 |
| D. | 28 |
| Answer» B. 17 | |
| 122. |
Every business transacted at an EGM is a _________ business |
| A. | Ordinary |
| B. | Special |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |
| 123. |
________resolution should be passed by the company to offer shares to outsiders |
| A. | Special resolution |
| B. | Ordinary resolution |
| C. | C.G |
| D. | None of the above |
| Answer» B. Ordinary resolution | |
| 124. |
Under which sec. if company fails to commence its main object the court may orderwinding up |
| A. | 403 (f) |
| B. | 413 (f) |
| C. | 423 (f) |
| D. | 433 (f) |
| Answer» E. | |
| 125. |
A private company can borrow funds |
| A. | after incorporation |
| B. | after obtaining certificate to commerce business |
| C. | after holding first annual general meeting |
| D. | None of the above |
| Answer» B. after obtaining certificate to commerce business | |
| 126. |
Validity period of information memorandum is _______ |
| A. | 1 year |
| B. | 2 years |
| C. | 3 years |
| D. | 4 years |
| Answer» B. 2 years | |
| 127. |
______ specifies the time limit with in which share certificate is to be delivered |
| A. | sec 110 |
| B. | sec 111 |
| C. | sec 112 |
| D. | sec 113 |
| Answer» E. | |
| 128. |
The resolution passed at AGM are _______ |
| A. | Valid |
| B. | Void |
| C. | Voidable |
| D. | Void abinitio |
| Answer» B. Void | |
| 129. |
Which one of the following has a right to claim compensation for any loss due tomisstatement in prospectus |
| A. | Purchasing shares in Primary Market |
| B. | Secondary Market |
| C. | Subscribers to memo. |
| D. | All the above |
| Answer» B. Secondary Market | |
| 130. |
The company must deliver share certificate within ___________ if the shares allotted bycompany. |
| A. | 2 months |
| B. | 3 months |
| C. | 4 months |
| D. | none of these |
| Answer» C. 4 months | |
| 131. |
_________ report is send by the directors to its members. |
| A. | Statutory |
| B. | Audit |
| C. | Annual |
| D. | None of the above |
| Answer» D. None of the above | |
| 132. |
A company can change its name at its own discretion by passing _________ |
| A. | Ordinary resolution |
| B. | Special resolution |
| C. | Boards resolution |
| D. | None of the above |
| Answer» C. Boards resolution | |
| 133. |
______ is the conclusive evidence in case of company that statutory requirements havecomplied with |
| A. | certificate of incorporation |
| B. | certificate of commencement of business |
| C. | both |
| D. | none of the above |
| Answer» B. certificate of commencement of business | |
| 134. |
As per Sec. 439 who can file a petition to the Tribunal for winding up? _____ |
| A. | The Registrar |
| B. | Company |
| C. | Contributory |
| D. | Any one of these |
| Answer» E. | |
| 135. |
________ can vote at the meeting even though not a member. |
| A. | Body corporate |
| B. | President |
| C. | Governor |
| D. | All the above |
| Answer» E. | |
| 136. |
AGM should be held at |
| A. | Company |
| B. | Registered office |
| C. | Corporate office |
| D. | None of these |
| Answer» C. Corporate office | |
| 137. |
Transfer is effected by _______ |
| A. | Sales |
| B. | Death |
| C. | Insolvency |
| D. | None of the above |
| Answer» B. Death | |
| 138. |
Company must pass ________ for reducing its share capital |
| A. | O.R |
| B. | S.R |
| C. | C.G permission |
| D. | None of the above |
| Answer» C. C.G permission | |
| 139. |
XYZ Co. is a holding of XZ Pvt. Company. XZ Co. issued deferred shares. The issue isvalid or void |
| A. | Valid |
| B. | Void |
| C. | Situation does not arise |
| D. | None of these |
| Answer» C. Situation does not arise | |
| 140. |
________ is the official recording of the proceedings of a meeting |
| A. | Quorum |
| B. | Minutes |
| C. | Both a & b |
| D. | None of the above |
| Answer» C. Both a & b | |
| 141. |
Ultra vires loans granted by the company are |
| A. | Void |
| B. | Voidable |
| C. | Valid |
| D. | None of the above |
| Answer» B. Voidable | |
| 142. |
Every buy back shall be completed within _____ month from the date of passing the S.R. |
| A. | 6 |
| B. | 8 |
| C. | 10 |
| D. | 12 |
| Answer» E. | |
| 143. |
Return of partly paid shares by the shareholders to the company is _______ |
| A. | Surrender |
| B. | Forfeiture |
| C. | Lien |
| D. | None of the above |
| Answer» B. Forfeiture | |
| 144. |
After buy back company can’t issue the same kind of shares for ________months |
| A. | 6 |
| B. | 12 |
| C. | 18 |
| D. | 24 |
| Answer» B. 12 | |
| 145. |
_______ form is to be find in case of variation rights of share holders |
| A. | 23 |
| B. | 19 |
| C. | 18 |
| D. | 20 |
| Answer» C. 18 | |
| 146. |
An official liquidator is appointed by the _____ |
| A. | Central government |
| B. | By court |
| C. | State government |
| D. | Company |
| Answer» B. By court | |
| 147. |
First AGM must be held within __________ from the incorporation of the company |
| A. | 15 months |
| B. | 18 months |
| C. | 12 months |
| D. | None of these |
| Answer» C. 12 months | |
| 148. |
A special resolution is passed with |
| A. | Simple majority |
| B. | 60% majority of members present |
| C. | 75% |
| D. | None of the above |
| Answer» D. None of the above | |
| 149. |
Companies are now allotted a _______ in addition to their name |
| A. | PAN |
| B. | SIN |
| C. | PIN |
| D. | CIN |
| Answer» E. | |
| 150. |
For reducing its share capital it should give notice to whom? |
| A. | Debtors |
| B. | Creditors |
| C. | Both a & b |
| D. | None of the above |
| Answer» C. Both a & b | |