The Meeting of Board of Directors must be called at least once– (A) In four months (B) In three months (C) In two months (D) In one month  

1 Answer

Answer :

Answer: In three months

Related questions

Description : A vacancy caused by the resignation of the auditor is filled only by the– (A) Board of Directors of the Company (B) Central Government (C) General Meeting of the shareholders (D) Managing Director of the company

Last Answer : Answer: General Meeting of the shareholders

Description : A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting

Last Answer : Answer: Statutory Meeting

Description : An annual general meeting may be called after giving shorter notice instead of 21 clear days, if consent is accorded by– (A) All the directors of company (B) All the members entitled to vote there at (C) Majority of members entitled to vote there all (D) None of the above

Last Answer : Answer: All the members entitled to vote there at

Description : A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of ... date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Last Answer : Answer: The date at which the company is entitled to commence business

Description : Convening meetings of a company is the responsibility of the– (A) Chairman, Board of Directors (B) Managing Director (C) Company Secretary (D) General Manager

Last Answer : Answer: Company Secretary

Description : Appointment of a Company Secretary is made by– (A) Promoters (B) Board of Directors (C) Debenture holders (D) Government

Last Answer : Answer: Board of Directors

Description : The first directors of a company are appointed by– (A) Promoters (B) Government (C) Shareholders (D) Company Law Board

Last Answer : Answer: Promoters

Description : Minutes of the annual general meeting must be prepared and signed by the chairman within– (A) 14 days of the meeting (B) 21 days of the meeting (C) 30 days of the meeting (D) 45 days of the meeting

Last Answer : Answer: 30 days of the meeting

Description : For calling the Extraordinary General Meeting a clear notice of ……… days must be given to all the members. (A) 7 (B) 15 (C) 21 (D) 30

Last Answer : Answer: 21

Description : Which of these must hold a Statutory Meeting ? (A) Public Limited Company (B) Private Company (C) Unlimited Company (D) All of these

Last Answer : Answer: Public Limited Company

Description : The first Secretary of the company is appointed by– (A) Shareholders (B) Promoters (C) Government (D) Directors

Last Answer : Answer: Promoters

Description : In a public limited company, the minimum number of directors are– (A) 2 (B) 3 (C) 5 (D) None of the above

Last Answer : Answer: 3

Description : What is the minimum number of directors in a Public Company?

Last Answer : Atleast two directors

Description : Coast Guard Regulations (46 CFR 199) require that each lifesaving appliance, including lifeboat equipment, must be inspected at least once every _____________. A. week B. 2 weeks C. month D. 3 months

Last Answer : Answer: C

Description : Justify the following statement: Board of Directors can exercise their powers collectively through the Board Meeting.

Last Answer : Justify the following statement: Board of Directors can exercise their powers collectively through the Board Meeting.

Description : Minutes of Board of Directors Meeting?

Last Answer : Minutes of Board of Directors Meeting(Download)Pursuant to regular notice, dated ___________, a meeting of the Board of Directors meeting of ________________________ was held at ... further business to come before the meeting, the same was adjourned.Dated: ________________________________

Description : Which of the following is not a consideration in the development of audit programs? a. Internal control over the recording of plant asset additions and repairs and maintenance expenditures is ... client constructed a major addition to its central manufacturing facility during the year under audit

Last Answer : The members of the board of directors are elected by the stockholders during the annual meeting.

Description : To emphasize auditor independence from management, many corporations follow the practice of a. Appointing a partner of the CPA firm conducting the examination to the corporation's audit committee. b ... the independent auditor report to an audit committee of outside members of the board of directors

Last Answer : Having the independent auditor report to an audit committee of outside members of the board of directors

Description : Statement containing details of items to be considered in a meeting is called– (A) Agenda (B) Minutes (C) Resolution (D) Notice

Last Answer : Answer: Agenda

Description : Job Evaluation is carried on mainly for– (A) identifying geographical locational factors of business enterprise (B) promoting job satisfaction (C) simplifying wage administration (D) meeting competition effectively

Last Answer : Answer: simplifying wage administration

Description : Articles of Association can be altered by passing– (A) An ordinary resolution in Annual General Meeting (B) A special resolution in Annual General Meeting (C) A resolution with special notice (D) Without any resolution

Last Answer : Answer: A special resolution in Annual General Meeting

Description : The Secretary of a Company should file copies of Special Resolution passed at Extraordinary General Meeting to the Registrar of Companies within– (A) 7 days (B) 14 days (C) 21 days (D) 30 days

Last Answer : Answer: 30 days

Description : The object of ‘Agenda’ is to inform– (A) About the profitability and activity (B) About the progress of company (C) About the matter in sequence to be discussed in the meeting (D) About the routine matters

Last Answer : Answer: About the matter in sequence to be discussed in the meeting

Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Last Answer : Answer: Till the conclusion of first Annual General Meeting

Description : Share premium account can be used for– (A) Paying tax liability (B) Meeting the cost of issue of shares or debentures (C) Paying Dividend on shares (D) Meeting the loss on sale of old asset

Last Answer : Answer: Meeting the cost of issue of shares or debentures

Description : A special resolution is passed in a company meeting by– (A) Simple majority (B) 2/3 majority (C) 3/4 majority (D) None of the above

Last Answer : Answer: 3/4 majority

Description : An emergency generator, driven by an internal combustion engine, shall be tested under load for a minimum of 2 hours at least once every _____________. A. week B. 2 weeks C. month D. 3 months

Last Answer : Answer: C

Description : Sensitivity calibration against temp. variation shall be carried out. (i) At least once in month* (ii) quarterly. (iii) at least once in six months (iv) Any of above.

Last Answer : i) At least once in month*

Description : The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)

Last Answer : Answer: Securities amp; Exchange Board of India (SEBI)

Description : The basic aim of Securities and Exchange Board of India (SEBI) is to- (A) Develop an effective and efficient monitoring and control system for the Indian Capital Market (B) To help Bombay Stock Exchange ... To help National Stock Exchange of India Ltd. only (D) To help OTC Exchange of India only

Last Answer : Answer: Develop an effective and efficient monitoring and control system for the Indian Capital Market

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

Description : ‘Object Clause’ of a Memorandum of Association can be altered by– (A) Ordinary resolution (B) Special resolution (C) Special resolution and confirmation by Registrar of Companies (D) Special resolution and confirmation by Company Law Board

Last Answer : Answer: Special resolution and confirmation by Company Law Board

Description : What is F.O.B (Free On Board)?

Last Answer : This includes cost of the goods and all other expenses to be incurred in placing the goods on board the ship.

Description : The gap between two General Meetings of the Company should not be more than– (A) 12 months (B) 18 months (C) 15 months (D) 20 months

Last Answer : Answer: 15 months

Description : i. Minimum four Committee Meetings must be held in a year. ii. Creditors Meeting must be held once a year.

Last Answer : Correct the underlined word and rewrite the following sentence: i. Minimum four Committee ... all Directors is called Annual General Meeting.

Description : The scheme allows the transfer of scrip once the export obligation is complete. Which of the statements given above is/are correct ? (A) 1 only (B) 2 only (C) Both 1 and 2 (D) Neither 1 nor 2

Last Answer : Answer: Both 1 and 2

Description : Which audit is conducted only once in a while and that also when the client desires?

Last Answer : Occasional audit

Description : Which statement is not true in respect of a Balance Sheet ? (A) It is an account (B) It is prepared every month (C) It is prepared to check the mathematical accuracy (D) All the above

Last Answer : Answer: All the above

Description : The _______of an office must daily examine the condition of the locks of the main doors leading into the office and at least once a _____that of the locks of the boxes, etc., in the office and note the ... the error book c) Officer in charge, Daily, Order book or in the error book d) None of these

Last Answer : b) Officer in charge, Month, Order book or in the error book

Description : ‘Profit objective’ is of least priority in case of– (A) Private enterprise (B) Public enterprise (C) Department undertaking (D) Cooperative society

Last Answer : Answer: Cooperative society

Description : (i) Shareholders Meeting, Directors Meeting, Committee Meeting.

Last Answer : Find the odd one. (i) Shareholders Meeting, Directors Meeting, Committee Meeting. ( ... Debenture holders Meeting, Creditors Meeting, Class Meeting.

Description : Unanimous Consent, Directors Annual Meeting?

Last Answer : Unanimous Consent, Directors in place of Annual Meeting(Download)Statement of the unanimous and written consent to action in place of the annual meeting of ... (or, it can be appended as an Exhibit).RESOLVED, that the

Description : Which one of the following is not correct in respect of the Theory X? (A) It emphasizes that most average human beings avoid to be led, want to lead (B) According to the theory X ... achieve organizational goals (D) The theory X assumes that most individuals have little ambition and want security

Last Answer : Answer: It emphasizes that most average human beings avoid to be led, want to lead

Description : The Agreement of Partnership– (A) Must be oral (B) Must be in writing (C) Can be either oral or in writing (D) Must be in writing on a stamp paper

Last Answer : Answer: Can be either oral or in writing

Description : Insurable interest must be present at the time of insurance proposal and payment of claims in– (A) Fire Insurance (B) Marine Insurance (C) Life Insurance (D) Motor Insurance

Last Answer : Answer: Fire Insurance

Description : In which organization, every subordinate must obey his superior, whether be likes it or not?

Last Answer : Formal organization

Description : Special inspection of distressed bridges Group II shall be carried out by Inspector (Concerned) is a) Once in three months* b) Once in two months c) Once in a month d) Once in six months

Last Answer : a) Once in three months*

Description : Special inspection of distressed bridges shall be carried out by Asst. Engineer is a) Once in three months b) Once in two months* c) Once in a month d) Once in six months

Last Answer : b) Once in two months*

Description : The central council shall meet as and when necessary but at least ___ meeting of the  council shall be held every year a) One b) Two c) Three d) Four

Last Answer : a) One

Description : The Constitution allows preventive detention but stipulates: (1) that no one should be detained beyond three months unless an Advisory Board authorizes detention beyond that period (2) that the grounds for ... nearest magistrate within a period of 24 hours of his arrest (4) All of the above

Last Answer : (1) that no one should be detained beyond three months unless an Advisory Board authorises detention beyond that period Explanation: Article 22 (4) provides that no law providing for preventive detention ... said period of 3 months that there is in it's opinion sufficient cause for such detention.