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.
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MCQ Questions Class 11 Formation of a Company with Answers - Set - 2
Question 1:
The certificate of capital will be issued by
(a) Registrar of companies Act
(b) Controller of companies Act.
(c) Registrar of capital issues
(d) controller of capital issues
Correct Answer – (D)
Question 2:
Which of the following is not a clause of memorandum of association
(a) situation
(b) capital
(c) subscription
(d) directors
Correct Answer – (D)
Question 3:
“Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956
(a) Separate legal entity
(b) Perpetual Succession
(c) Capacity to sue
(d) None of the above
Correct Answer – (B)
Question 4:
A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) none of the above
Correct Answer – (A)
Question 5:
A copy of the ________________ must accompany each from of application for shares offered to the public.
(a) Memorandum of association
(b) Prospectus
(c) Articles of association
(d) None of the above
Correct Answer – (B)
MCQ Questions Class 11 Formation of a Company With Answers
Question 6:
The company will be considered as separate person and different from its members from the date (when the) _____________
(a) start of business
(b) Apply for registration
(c) receive incorporation certificate
(d) mentioned in certificate
Correct Answer – (D)
Question 7:
Which of the following clause of Memorandum of Association cannot be altered
(a) Name
(b) Object
(c) situation
(d) liability
Correct Answer – (D)
Question 8:
The shares of a _______________ company can be freely transferable
(a) Private ltd
(b) Public ltd
(c) Partnership
(d) all of the above
Correct Answer – (B)
Question 9:
___________ cannot give invitation to the public to subscribe for any shares in or debentures of the company
(a) Subsidiary company
(b) Statutory Company
(c) Private company
(d) Registered company
Correct Answer – (C)
Question 10:
The Prospectus must be issued to the public within ______________ days of its date
(a) 30
(b) 60
(c) 90
(d) 100
