Corporate Law MCQ on Kinds of Company
1. The earliest form of incorporation of company is
(a) Statutory company
(b)Chartered company
(c)Registered company
(d) Dormant company
Ans- (b)Chartered company
2. In company act 2013 , which section defind the type of company
(a) Section 1
(b) Section 2
(c) Section 3
(d) Section 4
Ans- (b)Section 2
3. Example of statutary company
(a) Life insurance corporation
(b) Hindustan gas
(c) Hotel Tajmahal
(d) Ramai talkies pvt. Limited
Ans- (a)Life insurance corporation
4. Section of Private company
(a) Sec 2(68)
(b) Sec 2(86)
(c) Sec 3(68)
(d) Sec 3(86)
Ans- (a)Sec 2(68)
5. Section of public company
(a) Sec 2(54)
(b) Sec 2(44)
(c) Sec 2(71)
(d) Sec 2(17)
Ans- (c)Sec 2(71)
6. Section of government company
(a) Sec 2(45)
(b) Sec 2(54)
(c) Sec 2(44)
(d) Sec 2(55)
Ans- (a)Sec 2(45)
7. Section of Holding & Subsidiary company
(a) Sec 2(43)
(b) Sec 2(44)
(c) Sec 2(45)
(d) Sec 2(46)
Ans- (d)Sec 2(46)
8. Section of Foreign company
(a) Sec 2(41)
(b) Sec 2(42)
(c) Sec 2(43)
(d) Sec 2(44)
Ans- (b)Sec 2(42)
9. Section 45(1) deals with
(a) Insurance company
(b) Investment company
(c) Finance Companies
(d) None of the above
Ans- (c)Finance Companies
10. Full Form of FERA
(a) Foreign Exchange Regulation Act
(b) First Exchange Rural Accounting
(c) Foreign Exchange Rate Accounting
(d) Foreign Export Regulation Acting
Ans- (a)Foreign Exchange Regulation Act
11. One person company(OPC) comes under section
(a) 2(61)
(b) 2(62)
(c) 2(63)
(d) 2(64)
Ans-(b)2(62)
12. Section 445 related to
(a) Small company
(b) One person company
(c) Dormant Company
(d) Producer Company
Ans- (c)Dormant Company
13. Minimum Paid up share capital of Small Company is
(a) 50 lakh
(b) 500 lakh
(c) 5 lakh
(d) 05 lakh
Ans-(a)50 lakh
14. Maxmimum Paid up share capital of small company is
(a) 50 crore
(b) 05 crore
(c) 500 crore
(d) 5000 crore
Ans-(b)05 crore
15. Assets shielding concept is otherwise known as
(a) Investment company
(b) Finance company
(c) Holding company
(d) Dormant company
Ans- (d)Dormant Company
Also Read the Corporate Law MCQ
