PGT (Commerce previous year questions) (HTET) (Part – III)

Total Questions: 100

11. In case of public company total managerial remuneration can't exceed_________per cent of the net profits.

Correct Answer: C. 11

12. With regard to government company, identify the statement representing correct feature of Government company:

Correct Answer: B. Employees of government company are not employees of central/state government

13. Which one of the following financial institutions shall not be regarded as Public financial institutions as per section 2(72) of Companies Act 2013?

Correct Answer: D. KFC

14. An unregistered company can't have more than________members.

Correct Answer: C. 50

15. Section 9 of Companies Act describes________

Correct Answer: D. Effect of certificate of incorporation

16. The Companies (Amendment) Act, 2015 omitted section_________of Company's Act, 2013 that provides all companies whether private or public to commence business immediately after obtaining certificate of incorporation.

Correct Answer: B. 11

17. Which one of the following need permission from central government to make alteration in the memorandum of association?

Correct Answer: E. A & B

18. Section 12 requires that One Person company shall mention along with its name (in brackets)________

Correct Answer: A. One Person Company

19. The clause that states the name of state where registered office of the company is situated.

Correct Answer: C. Registered office

20. A company must file prescribed documents stating its registered office within_________days of its incorporation.

Correct Answer: C. 30