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This set of Corporate Regulations Multiple Choice Questions & Answers (MCQs) focuses on General Meetings Set 1
Q1 | In case of continuing default to convene the AGM fine is Rs. _______ for every day.
- 250
- 300
- 350
- 400
Q2 | The resolution passed at AGM are _______
- Valid
- Void
- Voidable
- Void abinitio
Q3 | Every business transacted at an EGM is a _________ business
- Ordinary
- Special
- Both (a) & (b)
- None of the above
Q4 | Majority rule is not applicable when
- The act done is illegal
- The act done is ultra vires the company.
- The act done constitutes a fraud
- all the above
Q5 | A cost auditor makes his report to:
- Members of company
- Directors of company
- Registrar
- C. G.
Q6 | A company not declare dividend at.
- Statutory meeting
- Annual general meeting
- Extra ordinary G.M
- None of the above
Q7 | If as a person is present in more than 1 capacity his presence will be counted as _____
- 1
- 2
- 3
- 4
Q8 | In the absence of a quorum the proceedings of the meeting will be _________
- Valid
- Void
- Voidable
- None of the above
Q9 | If quorum is not present with in _________ time the meeting is stand dissolved.
- ½ Hr.
- 1 Hr.
- 1 ½ Hr
- 2 Hr.
Q10 | _________ Order to call a EGM even though 1 member present in person or by proxy.
- ROC
- C.G.
- NCLT
- D.C.A
Q11 | ________ can vote at the meeting even though not a member.
- Body corporate
- President
- Governor
- All the above
Q12 | Voting right can’t be exercised in case of _________
- Calls in advance
- Calls in arrears
- Both a & b
- None of the above
Q13 | Proxy need not be a ____ of the company
- Shareholders
- Members
- Both a and b
- None of the above
Q14 | ________ is the official recording of the proceedings of a meeting
- Quorum
- Minutes
- Both a & b
- None of the above
Q15 | Minutes should be recorded within _________ days from the date of conclusion of everymeeting
- 10
- 20
- 30
- 40
Q16 | Loose – leaf minutes to be bound into books at regular intervals of _________ months
- 6
- 7
- 8
- 9
Q17 | Within ______weeks requisition requiring circulation of a resolution may be depositedwith ROC.
- 3
- 6
- 9
- 12
Q18 | Qualification shares for a director are provided in the ________
- Company Act
- MOA
- AOA
- Contract b/w Company & Directors
Q19 | Directors are __________ of the company
- Employees
- Employers
- Both a & b
- None of the above
Q20 | A special resolution is passed with
- Simple majority
- 60% majority of members present
- 75%
- None of the above
Q21 | Which of the following meeting can be held more than once in a calendar year?
- E.G.M
- S.G.M
- A.G.M
- None of the above
Q22 | In which one or more of the following company a member does not have a right toappoint proxy:
- Public company having share capital
- Public company not having share capital
- Private company not having a share capital
- None of the above
Q23 | A proxy must bear revenue stamp worth.
- 30 paise
- 15 paise
- 45 paise
- 50 paise
Q24 | In which one of the following cases an ordinary resolution may be passed _________
- Commencement of a new business
- alteration of articles
- Compulsory winding up of the company
- none of the above
Q25 | Notice of Adjourn meeting is not required of a meeting is
- Adjourn for want of quorum
- Adjourn sine die
- Adjourn for more than 30 days
- None