Management Information System Set 14
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This set of Management information system Multiple Choice Questions & Answers (MCQs) focuses on Management Information System Set 14
Q1 | __________ is the executive authority of the company.
- Partner
- Shareholders
- Board of Directors
- Expert
Q2 | A meeting of Board of directors shall be held at least ____________
- One month
- Once in every 3 months and at least 4 such meetings shall be held every year.
- Two month
- 4 months and at least 3 such meetings must be held in every year.
Q3 | The quorum for a meeting of the board of directors shall be ________ of its total strength or 2directors, whichever is higher.
- 3
- 1/2
- 1/4
- 1/3
Q4 | Minimum number of directors in public company is ______
- 3
- 2
- 4
- 1
Q5 | Minimum number of directors in private company is _________
- 3
- 2
- 4
- 1
Q6 | __________ is a group of people who are acting on behalf of the Company.
- Managing director
- Partnership
- Board of directors
- All the above
Q7 | A Managing Director can be appointed for a maximum period of ___________
- 2 year
- 10 years
- 3 years
- 5 years
Q8 | __________ can be imposed on directors for non compliance of requirements of companiesAct.
- Penalty
- Fine
- Statutory penalty
- Criminal liability
Q9 | When a director voluntarily remains absent from the three consecutive meetings of the Boardof Directors, and
- he become liable to be punished with fines @ Rs. 500 for every default
- he is disqualified for becoming a director of any company.
- his office falls vacant
- None of the above
Q10 | At one time the appointment of sole selling agent can be made for a period of ______
- One year
- three year
- five year
- seven year
Q11 | The term whole time director is defined in Sec.__________ of the Companies Act 1956
- 2(25)
- 2 (24)
- 3 (25)
- 3(24)
Q12 | The appointment of every director is to be made by an _______at the general meeting.
- Ordinary resolution
- Special resolution
- Single resolution
- None of the above
Q13 | _________ director act during the absence of the original director.
- First Director
- Additional director
- Alternate director
- Representative director
Q14 | _________ is the first general meeting of the shareholders of a public company.
- Extra ordinary meeting
- Class meeting
- General meeting
- Statutory meeting
Q15 | Statutory meeting must be held with in a period of _____
- 90 days from the date at which the company entitled to start it business
- 6 months from the date of incorporation
- not less one month & not more than 6 month which the company is entitled to start it business.
- 18 months from the date of incorporation.
Q16 | The first annual general meeting of the company must be held within ________
- 6 months of incorporation
- 6 months from the date at which the company's entitled to start its business
- 18 months from the date at which the company is entitled to start its business.
- 18 months of incorporation.
Q17 | _________called for dealing with some urgent special business which cannot be postponed tillthe next annual general meeting.
- Extra ordinary general meeting
- Ordinary general meeting
- Class meeting
- None of the above
Q18 | ________ is the minimum number of members that should be present at the meeting as per theArticles of the company before any business can be validly transacted.
- Minute
- Quorum
- Register
- Proxies
Q19 | For the proper conduct of business in a meeting a _________ is necessary
- Director
- Managing director
- Chairman
- Shareholder
Q20 | ___________ is the official records of the meeting of the company.
- Quorum
- Register
- Report
- Minutes
Q21 | The Chairman of a company has _________ votes
- 1
- 3
- 2
- None of the above
Q22 | __________ means the list of business or thing to be done at the meeting
- Quorum
- Register
- Minutes
- Agenda
Q23 | _________ refers to the instrument by which a person is appointed to act for another at ameeting of the company.
- Proxy
- Quorum
- Motion
- None of the above
Q24 | Decisions of a company are made by _______ of its members passed at meeting of members.
- Notice
- resolution
- Quorum
- Circular
Q25 | _______ is the resolution which is passed at validly called general meeting, by simple majorityof the members.
- Special resolution
- Resolution by postal ballot
- Ordinary resolution
- Resolution requiring special notice