Share Certificate and Warrant

Bachelor of Commerce (B Com)

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This set of Corporate Regulations Multiple Choice Questions & Answers (MCQs) focuses on Share Certificate and Warrant

Q1 | __________ is a document showing title
  • Share certificate
  • Share warrant
  • Both (a) & (b)
  • None of the above
Answer: Both (a) & (b)
Q2 | A share certificate is required to be signed by ___________.
  • managing director
  • shareholders
  • board of directors
  • company secretary
Answer: company secretary
Q3 | Which of the following can issue the share warrant
  • Public
  • Private
  • Both (a) & (b)
  • None of the above
Answer: Public
Q4 | _________ are attached to the share warrant
  • Dividend coupon
  • Warrant
  • Certificates
  • None of the above
Answer: Dividend coupon
Q5 | C.G. approval is necessary in case of issue of __________
  • Share certificate
  • Share warrant
  • Both (a) & (b)
  • None of the above
Answer: Share warrant
Q6 | In case of __________ duplicate can be obtained if it lost
  • Share warrant
  • Share certificate
  • Dividend coupon
  • None of the above
Answer: Share certificate
Q7 | Duplicate certificate obtained if original certificate lost in case of.
  • Share Certificate
  • Share warrant
  • Dividend warrant
  • None of these
Answer: Share Certificate
Q8 | Transfer deed should in Form No.
  • 6 B
  • 5 B
  • 7 B
  • None of these
Answer: 7 B
Q9 | _________ is voluntary passage of the rights and duties of member from a share holder.
  • Transfer
  • Transmission
  • Both (a) & (b)
  • None of the above
Answer: Transfer
Q10 | The person who transfer his rights and duties is called __________
  • Transferee
  • Transferor
  • Promisor
  • Promisee
Answer: Transferor
Q11 | The person to whom the rights and duties are endorsed is called _________
  • Transferee
  • Transferor
  • Endorser
  • Endorsee
Answer: Transferee
Q12 | _______ is an instrument of transfer signed by the transferor in which the name & dateare not filled.
  • Forged transfer
  • Blank transfer
  • Both (a) & (b)
  • None of the above
Answer: Blank transfer
Q13 | _______ transfer is null and void
  • Forged
  • Blank
  • Both (a) & (b)
  • None of the above
Answer: Forged
Q14 | If the ownership of shares goes to another by operation of law is called as _______
  • Transfer
  • Transmission
  • Both (a) & (b)
  • None of the above
Answer: Transmission
Q15 | Transfer is effected by _______
  • Sales
  • Death
  • Insolvency
  • None of the above
Answer: Sales
Q16 | Transmission is effected by ______
  • Sale
  • Death
  • Insolvency
  • Both (b) & (c)
Answer: Both (b) & (c)
Q17 | In which of the following stamp duty & consideration not necessary ________
  • Transfer
  • Transmission
  • Both (a) & (b)
  • None of the above
Answer: Transmission
Q18 | _______ gets all liabilities of original owner
  • Transferor
  • Transferee
  • Endorser
  • Endorsee
Answer: Transferee
Q19 | A share warrant is transferable by _________
  • By Execution of transfer deed
  • By delivery
  • both a) and b)
  • None of the above
Answer: By delivery
Q20 | Company to accept calls in advance from shareholders they should have permission in
  • MOA
  • AOA
  • BOD
  • None of these
Answer: AOA
Q21 | Forfeiture can be made only if it is authorized by ________
  • AOA
  • MOA
  • ROC
  • C.G
Answer: MOA
Q22 | Name of the member is struck off from the register in case of ________
  • Issue of share certificate
  • Share warrant
  • Forfeiture
  • None of the above
Answer: Share warrant
Q23 | _________Days be given for payment of call money from the date of service of notice
  • 14
  • 13
  • 12
  • 11
Answer: 14
Q24 | _________ arises in respect of debt due on shares as well as on other transactions.
  • Forfeiture
  • Lien
  • Both (a) & (b)
  • None of the above
Answer: Lien
Q25 | Return of partly paid shares by the shareholders to the company is _______
  • Surrender
  • Forfeiture
  • Lien
  • None of the above
Answer: Surrender
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