Management Information System Set 13
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This set of Management information system Multiple Choice Questions & Answers (MCQs) focuses on Management Information System Set 13
Q1 | The capital with which the company is registered is called the ______
- Subscribed capital
- Nominal capital
- Working capital
- None of the above
Q2 | The procedure for change of registered office from one city to another within the same state isby passing ______
- Special resolution only
- Ordinary resolution only
- Special resolution and approval of central government
- Ordinary resolution and approval of company law board
Q3 | _______ document contains the rules, regulations and bye-laws for the internal management ofthe company.
- Memorandum of association
- Article of association
- Prospectus
- Statement in lieu
Q4 | ________ is subordinate to and controlled by the memorandum of association.
- Prospectu
- Statement in lieu
- Articles of Association
- None of the above
Q5 | ______ lays down the objects and powers of the company.
- Memorandum of Association
- Articles of Association
- Prospectus
- Statement in lieu
Q6 | _______ lays down the modes in which the objects of the company are to be carried out by themembers.
- Statement in lieu
- Prospectus
- Memorandum of Association
- Articles of Association
Q7 | Articles of Association adopt the rules and regulations contained in _______ of schedule 1 ofthe Companies Act.
- Table C
- Table D
- Table A
- Table B
Q8 | The forms of articles of association are given in tables ______ is schedule 1 of the CompaniesAct 1956
- A, C, D & E
- B, C, D & E
- B, A,C & E
- B, D & E
Q9 | The forms of memorandum of association are given in tables _______ in schedule 1 of thecompanies Act 1956.
- B, A & E
- B, C, D & E
- A, C, D & E
- D, A E
Q10 | The doctrine of indoor Management has its origin in
- Saloman V Salona U& Co. Ltd.
- Ryland V Turquand
- Royal British Bank V Turquand
- None of these
Q11 | Offers may be invited from the public by issuing a document known as _____
- Prospectu
- Notice
- Circular
- All of the above
Q12 | Articles of Association are not required to be registered in case of ____
- An Unlimited Company
- A Company limited by guarantee
- A public company limited by shares
- A private company limited by shares.
Q13 | Doctrine of constructive notice means _____
- Notice of alteration of object clause to the registrar
- Notice to outside dealing with the registrar as to contents of memorandum and articles.
- Notice of change of name to members
- Notice to public as to issue of prospectus.
Q14 | A _______may be defined as a person having control over the affairs, conduct andmanagement of a company.
- Shareholder
- Director
- Body Corporate
- Member
Q15 | ____________ is the Supreme policy framing and decision making organ of a company.
- Board of director
- Share holders
- Auditor
- Body Corporate
Q16 | According to Sec. 225, the Directors should be appointed in the ________-
- Office of the Registrar
- General Meeting
- Office company
- Share holders
Q17 | The office of a director becomes vacant if he fails to obtain his qualification shares within_____
- 30 day
- 1 month
- 2 months
- 3 month
Q18 | A elected director can be terminated by the
- Company
- High Court
- State Government
- Central Government
Q19 | __________ vacancy is caused by resignation, death, insolvency or insanity.
- Casual
- General
- Special
- None of the above
Q20 | The maximum remuneration paid to a manager cannot exceed _________ percent of theannual net profit.
- 10%
- 5%
- 15%
- 25%
Q21 | The managing directors hold the _______ shares of the company.
- Deemed
- Equity
- Qualification
- Preference
Q22 | Directors are _________ of the Powers conferred on then and they must exercise those powersbonafide and for the benefit of the company.
- Trustee
- Management
- Representative
- None of the above
Q23 | _________ member of directors need to retire every year
- 2/3
- 2
- 1/4
- 1/3
Q24 | The directors may be held _______ liable on their failure to fulfill the formalities imposedupon them by the Act.
- General law
- Criminal
- Civil
- All of the above
Q25 | A person cannot hold directorship of more than _______ companies at a time.
- 15
- 50
- 25
- 10