NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Commerce MCQs (Practice_Test 97 of 99)
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- Organisation and Methods aim at simplification of office procedures through
- elimination of all unnecessary work, minimizes the number of forms and direct communication
- elaboration of specific work processes for better implementation
- discarding all the records and treating each work on merit
- allowing existing procedures to continue without adding an new procedures or amendments
- The latest generation of personal computer (PCs) being used in an office set-up is
- PC XT
- PC Pentium
- PC A T
- PC 486
- Which of the following advantages could be derived from the use of Franking machine?
- It saves time because of its speed.
- Valuable facts and figures can be obtained.
- It is very convenient to use.
- It ensures greater accuracy.
- 1 and 4
- 1 and 3
- 1 and 2
- 2 and 3
- According to the latest guidelines a company cannot issue
- both equity and preference shares simultaneously
- non convertible debentures
- irredeemable preference shares
- partially convertible debentures
- To enable a company to pay dividends a special authority is
- not needed either in the Memorandum or in the Articles
- needed either in the Memorandum or in the Articles
- needed only in tile Memorandum
- needed only in the Articles
- A company can invest money in another company only if it is so authorized by its
- Memorandum of Association
- Articles of Association
- Auditors
- Company Secretarial
- Which one of the following is NOT a feature of a Private Company as per Indian Companies Act?
- Limitation on the number of its members
- Restriction on the right to transfer its shares
- Ban on floating of debentures
- Prohibition of any invitation to tile public
- According to the Companies Act. Which one of tile following companies can commence allotment of shares even before the minimum subscription is subscribed or paid?
- Chartered Company
- Private Company
- Government Company
- Public Limited Company
- Which one of tile following types of Companies deals with only its shareholders for their benefit?
- Private Limited Companies
- Chit Fund Company
- Nidhi Company
- Banking Company
- Which one of the following is known as Registered Capita of the Company?
- Paid up capital
- Authorized capital
- Uncalled capital
- Reserve capital
- Those companies which can register themselves without the word “limited” under license granted by Central Government are
- Private Companies
- Charitable Companies
- Public Companies
- None of the above
- Which one of the following reports is to be placed before the Parliament by a Government company?
- Director՚s Report
- Annual Report
- Income Report
- Statutory Report
- Share premium received by issuing shares call be used for
- payment of dividend
- issue of bonus shares
- remuneration to management
- any business purpose
- Which one of the following is a joint stock company as per Companies Act, 1956?
- A charitable trust
- A partnership firm with fixed capital
- A society with fixed reserve fund
- None of the above
- Which one of the following documents is known as Doctrine of constructive notice?
- The prospectus of the company
- The certificate of commencement of business
- The Memorandum and the Article of Association
- List of working directors