Corporate Law MCQ on Introduction of Company
1. Indian company act 1956 was based on the which committee
(a) Bhabha Committee
(b) Company Law committee 1952
(c) Company Law 1956
(d) Bhabha Committee & Company Law committee 1952
Ans- (d) Bhabha Committee & Company Law committee 1952
2.In howmany schedule are there in company act 2013
(a) 8
(b) 7
(c) 5
(d) 3
Ans-(b) 7
3.The first company legislation was enacted in which country ?
(a) England
(b) USA
(c) UAE
(d) None of the Above
Ans- (a) England
4.Minimum number of member in case of public limited company
(a) 4
(b) 5
(c) 6
(d) 7
Ans-(d) 7
5.Minimum number of member in case of private limited company
(a) 1
(b) 2
(c) 3
(d) 4
Ans-(b) 2
6.Maximum number of member in case of private limited company
(a) 100
(b) 200
(c) 300
(d) 400
Ans-(b) 200
7.Maximum number of member in case of public limited company
(a) 1000
(b) 1000000
(c) 1000000000000
(d) Unlimited
Ans- (d) Unlimited
8.A company is a separate …. Entity
(a) Legal entity
(b) Illegal entity
(c) Physical entity
(d) Business entity
Ans- (a) Legal entity
9.The liability of the shareholder of the company is
(a) 1000
(b) Limited
(c) Unlimited
(d) 200
Ans- (b) Limited
10.The company act 2013 consist of how many section ?
(a) 370
(b) 570
(c) 470
(d) 270
Ans-(c) 470
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