NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Commerce MCQs (Practice_Test 47 of 99)
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- Match List I (Items) with List II (Heagings) a select the correct answer using the codes given below the lists
Table Supporting: NET, IAS, State-SET (KSET, WBSET, MPSET, Etc.) , GATE, CUET, Olympiads Etc. : Commerce MCQs (Practice_Test 47 of 99) LIST I LIST II - Interim Dividend
- Share Premium
- Unclaimed Dividend
- Discount on Issue of Shares
- Miscellaneous expenses
- Current Liabilities
- Reserves and Surpluses
- Profit and Loss Appropriation Account
- A
- B
- C
- D
- 3
- 4
- 1
- 2
- 4
- 3
- 1
- 2
- 3
- 4
- 2
- 1
- 4
- 3
- 2
- 1
- A ‘Co-parcener’ is one who is
- an active member of a partnership
- a member of a Joint Hindu Family firm
- a member of a Joint Stock company
- a member of a co-operative society
- Every partner must account to the firm for any benefit derived by bun without the consent of the other partners and thus make no secret profits. This is based on
- the general law of contract
- the general law of agency
- the law of sale of goods
- business ethics
- In a broader sense, the activities of a cooperative organization are expected to ensure primarily
- Profitability to the members
- Socialism in the economy
- Equity to the members
- Productivity to the society
- Which of the following statements are correct?
- A Trust form of organization cannot do business.
- A society registered under the Societies Registration Act can be formed only for non-profit purpose
- A partnership does not require registration.
- A company limited by guarantee is almost always registered for non-profit activities.
- Select the correct answer using the codes given below:
- 2,3 and 4
- 1 and 4
- 2 and 3
- 1,2, 3 and 4
- The basic charactereristics of a partnership firm include
- Existence of relationship, plurality of persons, contract and profit maximization
- Unlimited liability, contractual binding principal agent relationship and profit motive
- Existence of business, contractual relationship, group of persons, task orientation and employment conditions
- Existence of business, plurality of persons, contractual relationship, profit motive and principal-agent relationship
- Converting a public company into a private company requires a special resolution
- passed by members
- passed by members and approval of the Registrar of Companies
- of the member and approval of the Company Law Board
- of the members and approval by the creditors
- The Stock Invest is used for the payment of
- Allotment money
- calls in arrears
- application money
- allotment money, application money and calls in arrears.
- In a public limited company, there CANNOT be
- equity shares without voting rights
- bonus shares where current profit are low
- preference share with voting rights when dividends are not paid
- equity shares with high premium
- The contents of the prospectus of a public limited company should be approved by the
- Registrar of Companies
- Merchant Banker
- Stock Exchange in which the company is to be listed
- Securities and Exchange Board of
- India
- Principle of Constructive Notice means
- notice of the objects clause of the Memorandum of Association
- any notice issued/published in newspapers
- notice to outsiders dealing with the company as to the contents of the Memorandum and Articles of Association
- notice to the public regarding the issue of prospectus
- Which one of the following statements illustrates the Doctrine of Indoor Management? Persons dealing with the company are
- bound to enquire whether the internal proceedings of the company are regular or not
- bound to enquire whether the decisions of the management are taken with proper authority
- entitled to assume that what has been done, has been regularly done by the company
- always to presume that the internal affairs of a Company cannot be questioned.
- It is compulsory for a share. Broker to register with the
- concerned Stock Exchange
- Securities and Exchange Board of India
- Department of Company Affairs
- Concerned Stock Exchange in concurrence with the Securities
- Exchange Board of India
- Who among the following is NOT a speculator Stock Exchange?
- Broker
- Bull
- Bear
- Stag
- Match List I with List II and select the correct answer using the codes given below the lists
List-I | List-II |
|
|
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 4
- 2
- 3
- 1
- 1
- 3
- 2
- 4
- 4
- 3
- 2
- 1