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 - 3
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
Minimum number of members to form a private company is
(a) 2
(b) 3
(c) 5
(d) 7
Correct Answer – (A)
Question 3: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 4:Â
Minimum number of members required to apply for incorporation certificate in a public ltd company is
(a) 3
(b) 2
(c) 7
(d) 50
Correct Answer – (C)
Question 5:Â
The address of the registered office of the company must be notified to the registrar within _________ days of registration, if it is not done at the time of incorporation
(a) 15
(b) 30
(c) 60
(d) 45
Correct Answer – (B)
MCQ Questions Class 11 Formation of a Company With Answers
Question 6:Â
Private company prohibits any invitation or acceptance of deposits from persons other than its ___________
(a) Members
(b) directors
(c) Partners
(d) banks
Correct Answer – (A)
Question 7:Â
Application for approval of name of a company is to be made to
(a) SEBI
(b) Registrar of Companies
(c) Government of India
(d) Government of the State in which Company is to be registered
Correct Answer – (B)
Question 8:Â
Preliminary Contracts are signed
(a) Before the incorporation
(b) After incorporation but before capital subscription
(c) After incorporation but before commencement of business
(d) After commencement of business
Correct Answer – (A)
Question 9:Â
The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) registrar
(c) Governor
(d) registration officer
Correct Answer – (B)
Question 10:Â
A statement of nominal capital must be given at the time of incorporation by the company when the share capital is less than
(a) 50 Lakh
(b) 1 crore
(c) 10 Lakh
(d) 25 Lakh
