Management Information System Set 11

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 11

Q1 | The Board of Directors delegate the power to ____
  • Issue debentures
  • Issue of shares
  • Invest the fund
  • Make loans
Answer: Make loans
Q2 | _________ are subordinate to and controlled by the memorandum.
  • Articles of Association
  • Prospectus
  • Statement in law
  • All the above
Answer: Articles of Association
Q3 | A copy of special resolution has to be filed with the Registrar within ___ days.
  • 90 day
  • 30 days
  • 60 days
  • 120 days
Answer: 30 days
Q4 | A printed copy of the articles as altered shall be filed by the company with the Registrarwithin __________of order of approval from cential.
  • 3 month
  • 6 months
  • one month
  • 2 months
Answer: one month
Q5 | Sec __________ of the companies Act defines foreign company
  • 4 (4)
  • 3 (1) (i)
  • 3 (1) (ii)
  • 591
Answer: 591
Q6 | Sec 25 related to ________ companies
  • Holding
  • Licensed
  • Subsidiary
  • Existing
Answer: Licensed
Q7 | Holding company is defined in Section ______ of the companies Act.
  • 4(4)
  • 2 (2)
  • 3 (4)
  • 3(1)
Answer: 4(4)
Q8 | _________ is the first stage in the formation of a company.
  • Promotion
  • Raising of Capital
  • Incorporation
  • Commencement of business
Answer: Promotion
Q9 | The idea of carrying on a business is conceived by a person or by a group of persons called__________
  • Exploit
  • Promoters
  • Directors
  • None of these
Answer: Promoters
Q10 | A company is said to be incorporated when it is registered with registrar of the __________company.
  • Licensing
  • Government
  • Existing
  • Joint stock
Answer: Joint stock
Q11 | When one company controls the management of another company, the former is called a__________ company.
  • Existing
  • Holding
  • Subsidiary
  • Licensed
Answer: Subsidiary
Q12 | _________ is issued by any financial constitution or bank for one or more of issues of securities or class of securities specified in the prospectus.
  • A bridged Prospectu
  • Shelf Prospectus
  • Deemed Prospectus
  • Red Herring prospectus
Answer: Shelf Prospectus
Q13 | The other name of indoor management is called _________
  • Golden rule
  • Constructive notice
  • Indoor rule
  • Tarquand rule
Answer: Tarquand rule
Q14 | A Company may change its name by passing ______ with the approval of central govt.
  • Special resolution
  • Ordinary resolution
  • Both a & b
  • None of the above
Answer: Special resolution
Q15 | The company shall give notice of alteration to the Registrar within ________of passing theresolution.
  • 3 month
  • 6 months
  • 30 days
  • 60 days
Answer: 30 days
Q16 | _________ consists of a series of regulations framed by the legislature for the conduct of theaffair of company.
  • Table B
  • Table A
  • Table C
  • Table D
Answer: Table A
Q17 | If a public company limited by shares does not register its own articles ________applyautomatically to a company.
  • Table C
  • Table B
  • Table A
  • Table D
Answer: Table A
Q18 | Prospectus must therefore make full and honest declaration of materials facts withoutconcealing or omitting any relevant fact. This is known as ________
  • Twiquant rule
  • Golden rule
  • General rule
  • Special rule
Answer: Golden rule
Q19 | A public company may issue a prospectus called _________
  • Red herring prospectu
  • Shelf prospectus
  • A bridged prospectus
  • Deemed prospectus
Answer: Red herring prospectu
Q20 | The statement in lieu of prospectus is drafted in accordance with the particulars set in part I ofthe ____________the Act.
  • Schedule I
  • Schedule IV
  • Schedule III
  • Schedule II
Answer: Schedule II
Q21 | Golden rule was laid down by________________
  • KINDERSELY VC in New Brun Wick Co. V Maggeride
  • Edington V Fitzmaurice
  • Treeman V Buckhcats
  • Royal British Bank V Turquand
Answer: KINDERSELY VC in New Brun Wick Co. V Maggeride
Q22 | ______________ is a shorter version of the prospectus and contains all the salient features of a prospectus that forms a part of the memorandum.
  • Deemed Prospectu
  • Abridged prospectus
  • Red herring prospectus
  • Shelf prospectus
Answer: Abridged prospectus
Q23 | __________ Acts as the official signature of the company.
  • Registration
  • Special resolution
  • legal entity
  • common seal
Answer: common seal
Q24 | The association that are not registered under Sec. 11 of the companies Act is _____________
  • Incorporated Association
  • Illegal Association
  • Non licenses Association
  • Unregistered Association
Answer: Illegal Association
Q25 | ___________ is a person who has singed company's memorandum of association.
  • Individual
  • Corporate body
  • Member
  • Legal person
Answer: Member
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