CBSE Class 11 Formation of a Company Multiple Choice Questions with Answers. MCQ Questions Class 11 Formation of a Company with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Formation of a Company with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 11 Formation of a Company with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Formation of a Company with Answers. You can also verify your answers from the provided MCQ Class 11 Formation of a Company with Answers. So, ace up your preparation with MCQ of Class 11 Business Studies Examinations.
MCQ Questions Class 11 Formation of a Company with Answers - Set - 4
Question 1:Â
A company is known as the _______company of another company if it has control over that other company.
(a) Subsidiary
(b) Holding
(c) Controlling
(d) Statutory
Correct Answer – (B)
Question 2:Â
A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public
(c) A public enterprise
(d) A public company
Correct Answer – (B)
Question 3:Â
Minimum number of members to form a public company is
(a)Â 5
(b)Â 7
(c)Â 12
(d)Â 21
Correct Answer – (B)
Question 4:Â
_______________ capital means the sum mentioned in the capital clause of Memorandum of Association
(a) Full capital
(b) Maximum capital
(c) share capital
(d) Nominal Capital
Correct Answer – (D)
Question 5:Â
__________ means the total amount of called up share capital which is actually paid to the company by the members
(a) nominal capital
(b) reserve capital
(c) called up capital
(d) Paid-up capital
Correct Answer – (D)
MCQ Questions Class 11 Formation of a Company With Answers
Question 6:Â
Application for approval of name of a company is to be made to
(a)Â SEBI
(b)Â Registrar of Companies
(c)Â Government of India
(d)Â Government of the State in which Company is to be registered
Correct Answer – (B)
Question 7:Â
The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) Registration officer
(c) Governor
(d)Â RegistrarÂ
Correct Answer – (D)
Question 8:Â
If the company can make arrangements for raising the capital privately so that pubic appeal is unnecessary, the company is required to prepare a _________________
(a) Prospectus
(b) statement in lieu of Prospectus
(c) certificate of Prospectus
(d) none of the above
Correct Answer – (B)
Question 9:Â
The dividend payable to ___________ share holders is payable on fixed figure or percent
(a) Equity
(b) non preference
(c) Preference
(d) all of the above
Correct Answer – (C)
Question 10:Â
For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amount
(a) Profit
(b) Market value
(c) dividend
(d) premium
