Management Information System Set 13

Bachelor of Computer Applications (BCA),

Bachelor of Business Administration (BBA),

Bachelor of Tourism Studies (BTS)

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This set of Management information system Multiple Choice Questions & Answers (MCQs) focuses on Management Information System Set 13

Q1 | The capital with which the company is registered is called the ______
  • Subscribed capital
  • Nominal capital
  • Working capital
  • None of the above
Answer: Nominal capital
Q2 | The procedure for change of registered office from one city to another within the same state isby passing ______
  • Special resolution only
  • Ordinary resolution only
  • Special resolution and approval of central government
  • Ordinary resolution and approval of company law board
Answer: Special resolution only
Q3 | _______ document contains the rules, regulations and bye-laws for the internal management ofthe company.
  • Memorandum of association
  • Article of association
  • Prospectus
  • Statement in lieu
Answer: Article of association
Q4 | ________ is subordinate to and controlled by the memorandum of association.
  • Prospectu
  • Statement in lieu
  • Articles of Association
  • None of the above
Answer: Articles of Association
Q5 | ______ lays down the objects and powers of the company.
  • Memorandum of Association
  • Articles of Association
  • Prospectus
  • Statement in lieu
Answer: Memorandum of Association
Q6 | _______ lays down the modes in which the objects of the company are to be carried out by themembers.
  • Statement in lieu
  • Prospectus
  • Memorandum of Association
  • Articles of Association
Answer: Articles of Association
Q7 | Articles of Association adopt the rules and regulations contained in _______ of schedule 1 ofthe Companies Act.
  • Table C
  • Table D
  • Table A
  • Table B
Answer: Table A
Q8 | The forms of articles of association are given in tables ______ is schedule 1 of the CompaniesAct 1956
  • A, C, D & E
  • B, C, D & E
  • B, A,C & E
  • B, D & E
Answer: A, C, D & E
Q9 | The forms of memorandum of association are given in tables _______ in schedule 1 of thecompanies Act 1956.
  • B, A & E
  • B, C, D & E
  • A, C, D & E
  • D, A E
Answer: B, C, D & E
Q10 | The doctrine of indoor Management has its origin in
  • Saloman V Salona U& Co. Ltd.
  • Ryland V Turquand
  • Royal British Bank V Turquand
  • None of these
Answer: Royal British Bank V Turquand
Q11 | Offers may be invited from the public by issuing a document known as _____
  • Prospectu
  • Notice
  • Circular
  • All of the above
Answer: Prospectu
Q12 | Articles of Association are not required to be registered in case of ____
  • An Unlimited Company
  • A Company limited by guarantee
  • A public company limited by shares
  • A private company limited by shares.
Answer: A private company limited by shares.
Q13 | Doctrine of constructive notice means _____
  • Notice of alteration of object clause to the registrar
  • Notice to outside dealing with the registrar as to contents of memorandum and articles.
  • Notice of change of name to members
  • Notice to public as to issue of prospectus.
Answer: Notice to outside dealing with the registrar as to contents of memorandum and articles.
Q14 | A _______may be defined as a person having control over the affairs, conduct andmanagement of a company.
  • Shareholder
  • Director
  • Body Corporate
  • Member
Answer: Director
Q15 | ____________ is the Supreme policy framing and decision making organ of a company.
  • Board of director
  • Share holders
  • Auditor
  • Body Corporate
Answer: Board of director
Q16 | According to Sec. 225, the Directors should be appointed in the ________-
  • Office of the Registrar
  • General Meeting
  • Office company
  • Share holders
Answer: General Meeting
Q17 | The office of a director becomes vacant if he fails to obtain his qualification shares within_____
  • 30 day
  • 1 month
  • 2 months
  • 3 month
Answer: 2 months
Q18 | A elected director can be terminated by the
  • Company
  • High Court
  • State Government
  • Central Government
Answer: Central Government
Q19 | __________ vacancy is caused by resignation, death, insolvency or insanity.
  • Casual
  • General
  • Special
  • None of the above
Answer: Casual
Q20 | The maximum remuneration paid to a manager cannot exceed _________ percent of theannual net profit.
  • 10%
  • 5%
  • 15%
  • 25%
Answer: 5%
Q21 | The managing directors hold the _______ shares of the company.
  • Deemed
  • Equity
  • Qualification
  • Preference
Answer: Qualification
Q22 | Directors are _________ of the Powers conferred on then and they must exercise those powersbonafide and for the benefit of the company.
  • Trustee
  • Management
  • Representative
  • None of the above
Answer: Trustee
Q23 | _________ member of directors need to retire every year
  • 2/3
  • 2
  • 1/4
  • 1/3
Answer: 1/3
Q24 | The directors may be held _______ liable on their failure to fulfill the formalities imposedupon them by the Act.
  • General law
  • Criminal
  • Civil
  • All of the above
Answer: Criminal
Q25 | A person cannot hold directorship of more than _______ companies at a time.
  • 15
  • 50
  • 25
  • 10
Answer: 15
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