PGT (Commerce previous year questions) (HTET) (Part – III)Total Questions: 10021. The term ultra virus means:A. Against powerB. Beyond powerC. Against authorityD. Beyond authorityCorrect Answer: B. Beyond power22. In case of a company limited by shares, a shareholder has paid full on his shares, his liability will be:A. as decided by directorsB. an equal amount to already paid up value of shareC. NilD. None of theseCorrect Answer: C. Nil23. As per sec 4(1) (e) of Companies Act 2013, a company having a share capital, the memorandum of association must state the amount of_________A. Authorised/registered capitalB. Paid-up share capitalC. Called-up capitalD. Reserved capitalCorrect Answer: A. Authorised/registered capital24. Section 13 provides that the name of company may be changed at any time by:A. Passing special resolution at general meeting of companyB. Passing ordinary resolution at general meetingC. Passing either ordinary or special resolution at general meetingD. Can't be changedCorrect Answer: A. Passing special resolution at general meeting of company25. Who among the following are not proper authority to call a meeting?A. Board of directorsB. ShareholdersC. TribunalD. Company secretaryCorrect Answer: D. Company secretary26. When a company changes its name or obtains a new name under sub-section(1) of section 16, it shall within a period of_______days from the date of such change, give notice of the change to the registrar.A. 15B. 16C. 21D. 7Correct Answer: A. 1527. Within 30 days of passing the resolution, a notice of increase in the share capital along with an altered memorandum must be filed with the________A. Ministry of Corporate affairsB. SEBIC. Board of DirectorsD. Registrar of CompaniesCorrect Answer: D. Registrar of Companies28. ________defines the company's objects and various powers it possesses.A. ArticlesB. MemorandumC. ProspectusD. Annual reportCorrect Answer: B. Memorandum29. Which of the following is incorrect statement as to memorandum and articles of association?A. Act done by company beyond the scope of memorandum is ultra virusB. Memorandum may include any clause contrary to provisions of Companies Act.C. Generally articles can be altered by the members by passing a special resolution onlyD. The articles are subsidiary to Companies Act and memorandumCorrect Answer: B. Memorandum may include any clause contrary to provisions of Companies Act.30. Section 14 of Companies Act, 2013 allows companies to alter:A. ArticlesB. MemorandumC. Both articles and memorandumD. None of theseCorrect Answer: A. ArticlesSubmit Quiz« Previous12345678910Next »
