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This set of Management information system Multiple Choice Questions & Answers (MCQs) focuses on Management Information System Set 15

Q1 | ________ is the resolution which is passed , at valid called general meeting, by specialmajority of the meeting.
  • Ordinary resolution
  • Special resolution
  • Resolution by postal ballot
  • Resolution requiring special notice.
Q2 | Special resolution is passed by majority f _______ of the members voting by show of hands oron poll either in person or by proxy.
  • 1/3
  • 1/2
  • 3
  • 3/4
Q3 | _________ is a proposal put before a meeting.
  • Motion
  • Resolution
  • Quorum
  • Proxy
Q4 | __________ is a decision on the proposal
  • Quorum
  • Proxy
  • Motion
  • Resolution
Q5 | Winding up by the order of Tribunal is ____________
  • Voluntary winding up
  • Compulsory winding up
  • Winding up
  • All the above
Q6 | Winding up by special resolution passed by the company is _______
  • Compulsory winding up
  • Winding up
  • Voluntary winding up
  • All the abvoe
Q7 | In case of members voluntary winding up, the liquidation for conducting the winding upproceedings is appointed by ______
  • Central government
  • Company in its general meeting
  • Company Law Board
  • Register
Q8 | The company is dissolved when the Tribunal passes an order of dissolution and the Tribunalshall pass such order _________
  • When the affairs of the company have been completely wound up
  • Immediately after the winding up order
  • At the instance of central government
  • At the instance of company Law Board.
Q9 | A past member can also be placed on the list of contributories of he has ceased to be a memberwithin ____
  • 3 years before the commencement of the winding up
  • 2 years before the commencement of the winding up
  • 18 months before the commencement of the winding up
  • 12 months before the commencement of the winding up
Q10 | The name of a defunct company can be resorted to register on an application made to theTribunal by the company, or any member or a creditor within _______
  • 3 years from the dissolution
  • 6 years from the dissolution
  • 20 years from the dissolution
  • 12 years from the dissolution
Q11 | _______ is the first state in which assists realised liabilities are paid off and surplus isdistributed.
  • Dissolution
  • Winding up
  • Acquisitions
  • All the above
Q12 | The order of dissolution can be issued only by the company.
  • Tribunal
  • Company Law Board
  • Both A and B
  • None of the above
Q13 | In members voluntary winding up control of winding up in the hands of the ________
  • Creditor
  • Members
  • Company
  • Directors
Q14 | __________ is a process or set of systems and processes to ensure that a company is managedto suit the best interests of all those who are interested in the well being of the company.
  • Governance
  • SEBI
  • Corporate Governance
  • None of the above
Q15 | OECD stands for _______
  • Organization for Economic Control and Development
  • Organization for Economic Corporations and Development
  • Organization for Economic control and Direction
  • Organizations for Export Co-operation and Development
Q16 | The Whistle Blower policy was recommended by _______-
  • Nomination Committee
  • Narasimha Report
  • Board Committees
  • N.R, Narayana Moorthy
Q17 | Which of the following reports included clauses 49 in the listing agreement
  • Narasimham Committee
  • Kumaramangalam Birla Report
  • L.C. Gupta Report
  • None of the above
Q18 | _________ committee suggests that the non-executive directors can play a crucial role incorporate Governance.`
  • Cadbery
  • Ruttemen
  • N.R. Nanayana Moorthy
  • Narasimham Committee
Q19 | An Audit committee may include______
  • Auditor
  • Company Secretary
  • Non executive directors
  • All of the above
Q20 | Audit committee shall meet at least ______ times in a year.
  • 3
  • 2
  • 4
  • 1/3
Q21 | ________ are the true owners of the company
  • Member
  • Investors
  • Directors
  • Shareholders
Q22 | Audit committee shall act in accordance with the terms of reference to be specified by_________
  • Statutory Auditor
  • SEBI
  • Board of Directors
  • Central Government
Q23 | ___________ auditors of the company are appointed by the share holders in Annual GeneralMeeting.
  • General
  • Statutory
  • Special
  • None of the above
Q24 | IPOS stands for _______
  • Inviting Public offer
  • Investment public offer
  • Initial public offer
  • Individual public offer
Q25 | The audit committee should meet at least _______ in a year
  • 4
  • 2
  • 3
  • 6