Description : i. The elected representatives of the shareholders are called as ________
Last Answer : Complete the sentence: i. The elected representatives of the shareholders are called as ________ ... Board Meeting shall not be less than _________
Description : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares
Last Answer : Answer: Paid up value of the shares
Description : Explain the following terms/concept : Unlimited Liability company
Last Answer : Explain the following terms/concept : Unlimited Liability company
Description : What is an Unlimited Liability company?
Last Answer : What is an Unlimited Liability company?
Description : SHCIL was established in 1986 under the Government of India as __________ A. Private Ltd B. Public Ltd C. Limited Liability Partnership D. Unlimited company E. None of the Above
Last Answer : B. Public Ltd Explanation: Stock Holding Corporation of India Limited(SHCIL) was established in 1986 under the Government of India as public limited company.
Description : The liability of members if company is limited by shares A. Unpaid value of shares B. Guarantee amount C. Unlimited liability D. None of the above
Last Answer : B. Guarantee amount
Description : The liability of members if company is limited by guarantee. A. Unpaid value of shares B. Guarantee amount C. Unlimited liability D. None of the above
Last Answer : A. Unpaid value of shares
Description : A LLP is a new form of legal business entity with unlimited liability.
Last Answer : FALSE
Description : (i) The director is in full-time employment with the company.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. ( ... ) Fees paid to Directors for attending a Board meeting
Description : (i) The member who is the subscriber to the Memorandum of Association of a company is a shareholder.
Last Answer : State whether the following statements are True or False. (i) The member who is the subscriber to ... v) Transfer of shares is by operation of law.
Description : (i) The constitution of a joint-stock company is called ________
Last Answer : Complete the sentences : (i) The constitution of a joint-stock company is called ________ ... The ________ is sub-ordinate document to memorandum.
Description : (i) The place for dealing with shares of the company.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statements : (i) ... . (iv) A company opposite to a holding company.
Description : i. Secretary is an elected representative of the shareholders. ii. Secretary is responsible for the decisionmaking and framing policies of a company.
Last Answer : Correct the underlined word and rewrite the following sentence: i. Secretary is an elected ... the decisionmaking and framing policies of a company.
Description : i. Elected body of representatives of shareholders. ii. An employee of a company who provides guidance and advice to the Board
Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i. ... was given to the Director to attend the meeting.
Description : The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.
Last Answer : Justify the following statement: The Quorum for the Annual General Meeting of a public company depends upon the number of shareholders.
Description : The first Secretary of the company is appointed by– (A) Shareholders (B) Promoters (C) Government (D) Directors
Last Answer : Answer: Promoters
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 : 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 : The first directors of a company are appointed by– (A) Promoters (B) Government (C) Shareholders (D) Company Law Board
Description : Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : (3) Undistributed profits Explanation: For private corporate sector, retained profits adjusted for non operating surplus/deficit is considered as its Net Saving. Retained profits are those ... commitments to depreciation provision for various fixed assets, debts, government and to shareholders.
Description : Debenture holders of a company are its - (1) Shareholders (2) Creditors (3) Debtors (4) Directors
Last Answer : (2) Creditors Explanation: Companies issue debentures instead of shares to extend their business. These debentures are issue to borrow loan from general public; interest is paid on the borrowed money ... holders. So a debenture holder is essentially a creditor who simply gives loan to the company.
Description : In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures
Last Answer : C. Fully convertible Debentures (FCD) Explanation: These are fully convertible into Equity shares at the issuer‘s notice. The ratio of conversion is decided by the issuer. Upon conversion the investors enjoy the same status as ordinary shareholders of the company.
Description : Dividend Distribution Tax is payable by: A. Shareholders to Government B. Shareholders to Company C. Company to Government D. Holding to Subsidiary
Last Answer : C. Company to Government
Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget
Last Answer : e. Deciding promo and sales budget
Description : Your finance department is primarily concerned with a. acquiring the capital needed for company activities. b. establishing a dividend policy that maximizes the return to shareholders. c. setting credit policies for customers and suppliers. d. profits. e. all of the above.
Last Answer : e. all of the above.
Description : When the liquated company has adequate cash to pay off all liabilities , the interest on liabilities should be paid : a) Upto the date of commencement of insolvency proceedings b) Upto the date of actual payment of liabilities c) Upto the date of payment to shareholders d) None of the these
Last Answer : d) None of the these
Description : The vendor company transfers preliminary expenses (at the time of absorption) to: A. Purchasing Company account B. Realisation account C. Purchasing company's account. D. Equity shareholders' account
Last Answer : D. Equity shareholders' account
Description : For amalgamation in the nature of merger, the shareholders holding at least ______ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company. A. 51% B. 90% C. 99% D. 100%
Last Answer : B. 90%
Description : Memorandum of association governs the relationship of the company: A. With the outside world B. With the shareholders C. With other companies D. of the above
Last Answer : A. With the outside world
Description : XYZ company conducted an AGM on 1st September 2007. On that day due to fire accident in the hall. All shareholders died. Will the company be in existence? A. Yes B. No
Last Answer : A. Yes
Description : Property of the company belongs to: A. Company B. Shareholders C. Members D. Promoters
Last Answer : B. Shareholders
Description : Why should a benchmark statement be included in advertising objectives? A)The shareholders always like to see where a company is in relation to competition. B)It gives an indication of how ... have been accomplished. D)The objectives become more easily attainable when such a statement is included.
Last Answer : C)Without a reference point, it is difficult to determine to what degree the objectives have been accomplished.
Description : The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government
Last Answer : c. Equity Shareholders
Description : Debenture holders of a company are its (1) Shareholders (2) Creditors (3) Debtors (4) Directors
Last Answer : Creditors
Description : Which one of the following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : Undistributed profits
Description : Which company offers the cheapest unlimited cell phone service?
Last Answer : The cheapest cell phone service for unlimited calling would be Cricket which is $25 a month for talk, text and caller ID. That is the cheapest plan out there for unlimited cell phone service. The thing ... of is that the cheapest service does not mean the best. Generally you get what you pay for.
Description : Which cell phone company has the cheapest unlimited plan?
Last Answer : Currently T-Mobile has the cheapest unlimited plan. You can get an unlimited text, data, and voice plan for $99
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 : Which of the following companies do not have the obligation to get its Articles of Association registered along with the Memorandum of Association ? (A) Public Company limited by shares (B) Unlimited companies (C) Private companies limited by shares (D) Companies limited by guarantee
Last Answer : Answer: Public Company limited by shares
Description : Maximum number of members in public limited company is ---------------. A. 10 B. 20 C. 50 D. unlimited
Last Answer : D. unlimited
Description : Reserve bank of India is a/an _______. A. statutory corporation. B. company limited by guarantee. C. company limited by shares. D. unlimited company.
Last Answer : A. statutory corporation.
Description : The highest peak in Africa is:
Last Answer : Answer: Mount Kilimanjaro.
Last Answer : I don't think so, but maybe someone else who writes better will write.
Description : Do you fly high or low?
Last Answer : "It's like the nitrogen and oxygen molecules are two walking people, while the virus is a whole skyscraper." Coronavirus is larger than one molecule of oxygen and one molecule of nitrogen.
Description : (i) The Gap between two Annual General Meetings should not be more than.
Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. (i) ... the two Board Meetings should not be more than.
Description : (i) The minimum number of members required to be present at a meeting’s called proxy.
Last Answer : Correct the underlined word and rewrite the following sentences. (i) The minimum number of members ... period of general meeting needs 7 clear days.
Description : (i) The business to be transacted at the meeting is called _____________
Last Answer : Select the correct answer from the options given below and rewrite the statements. (i) The business to be transacted at ... (a) 15 (b) 5 (c) 2
Description : (i) The AOA is an alterable document.
Last Answer : State whether the following statements are True or False. (i) The AOA is an alterable ... Nobody is liable for misstatements in the prospectus.
Description : (i) The managing committee appoints the secretary of the Non-profit association.
Last Answer : State whether the following statements are True or False : (i) The managing committee appoints ... has been introduced in the Companies Act, 2013.