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Sub-section (1) of section 100 empowers the board of directors to call extraordinary general meeting as and when it is deemed necessary. Which of the following is authorized to convene extra-ordinary general meeting?
A
The Board of Directors
B
The board on requisition of members
C
Tribunal
D
All of the above
Correct Answer:
The board on requisition of members
Which of the following statements are true in context of a company under Company Act, 2013?
1. The shareholders of a company can appoint Board of Directors.
2. The Board of Directors is the proper authority to convene Annual General Meeting.
3. The gap between two annual general meetings must not be more than fifteen months.
A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3
Which of the following statements are true in case of appointment of directors?
1. A company can appoint maximum fifteen directors.
2. A company may appoint more than fifteen directors after passing a special resolution in general meeting.
3. The approval of Central Government is not required in case some enhancement is done in case of directors.
A
1 and 2 are correct
B
2 and 3 are correct
C
1, 2 and 3 are correct
D
1 and 3 are correct
Which of the following statements are true in context of a company under Company Act, 2013?
1. A company can become a member of another company
2. Member's voluntary winding up takes place when the company is insolvent
3. Only board of director can convene Extraordinary General Meeting
A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3
As per Articles of Association of the company the directors can borrow up to Rs. 10,000 without getting approval from the general meeting. The directors have lend Rs. 50,000 to the company without any approval of the general meeting and took debentures. The company would be liable for:
A
50,000
B
60,000
C
10,000
D
40,000
Which of the following statement/statements is/are not correct?
(1) National Board for Wildlife has been constituted by the Central Government with effect from 22
th
September, 2004
(2) The Prime Minister is the Chairperson of the National Board for Wildlife
(3) The office of the member of the National Board shall be deemed to be the office of profit under the Wildlife Protection Act, 1972
(4) The Chairman of Human Right Commission is a member of National Board for Wildlife
A
Only (1) is not correct
B
(1), (2) and (3) are not correct
C
(1), (3) and (4) are not correct
D
(1), (2), (3) and (4) all are not correct
The goal of database security is to ensure that only authorized users can perform authorized activities at authorized times.
A
True
B
False
It is necessary to call a meeting of board of directors at least once
A
Every month
B
Every three months
C
Six month
D
A year
Which of the following are the rights of a Statutory Auditor?
1. To receive remuneration
2. To attend Board of Directors' Meeting
3. To attend the General Meeting
4. To visit the branch office
Choose the correct answer from the following:
A
1 and 2
B
1, 2 and 4
C
1, 3 and 4
D
1, 2, 3 and 4
Statements :
All film stars are playback singers. All film directors are film stars.
Conclusions :
I. All film directors are playback singers.
II. Some film stars are film directors.
A
Only conclusion I follows
B
Only conclusion II follows
C
Either I or II follows
D
Neither I nor II follows
E
Both I and II follow
The directors of Murfi Ltd made a final call of Rs. 50 per share on 1
st
August, indicating the last date of payment of call money to be 31
st
August. Mr. Akshit holding 5,000 shares paid the call money on 15
th
October, if the company adopts Table A, the amount of interest on calls-in-arrears to be paid
A
Rs. 3,125
B
Rs. 1,562.50
C
Rs. 1,875
D
Rs. 1,500