Question 1

For the proper conduct of business in a meeting a _________ is necessary

Accepted Answer

A) Director 
B) Managing director 
C) Chairman 
D) Shareholder 
A) Director 
B) Managing director 
C) Chairman 
D) Shareholder C

Question 2

A Managing Director can be appointed for a maximum period of ___________

Accepted Answer

A) 2 year 
B) 10 years 
C) 3 years 
D) 5 years 
A) 2 year 
B) 10 years 
C) 3 years 
D) 5 years D

Question 3

__________ is a group of people who are acting on behalf of the Company.

Accepted Answer

A) Managing director 
B) Partnership 
C) Board of directors 
D) All the above 
A) Managing director 
B) Partnership 
C) Board of directors 
D) All the above C

Question 4

_________called for dealing with some urgent special business which cannot be postponed till the next annual general meeting.

Accepted Answer

A) Extra ordinary general meeting 
B) Ordinary general meeting 
C) Class meeting 
D) None of the above 
A) Extra ordinary general meeting 
B) Ordinary general meeting 
C) Class meeting 
D) None of the above

Question 5

_________ director act during the absence of the original director.

Accepted Answer

A) First Director 
B) Additional director 
C) Alternate director 
D) Representative director 
A) First Director 
B) Additional director 
C) Alternate director 
D) Representative director

Question 6

Decisions of a company are made by _______ of its members passed at meeting of members.

Accepted Answer

A) Notice 
B) resolution 
C) Quorum 
D) Circular 
A) Notice 
B) resolution 
C) Quorum 
D) Circular

Question 7

__________ means the list of business or thing to be done at the meeting

Accepted Answer

A) Quorum 
B) Register 
C) Minutes 
D) Agenda 
A) Quorum 
B) Register 
C) Minutes 
D) Agenda

Question 8

A meeting of Board of directors shall be held at least ____________

Accepted Answer

A) One month 
B) Once in every 3 months and at least 4 such meetings shall be held every year. 
C) Two month 
D) 4 months and at least 3 such meetings must be held in every year. 
A) One month 
B) Once in every 3 months and at least 4 such meetings shall be held every year. 
C) Two month 
D) 4 months and at least 3 such meetings must be held in every year.

Question 9

_______ is the resolution which is passed at validly called general meeting, by simple majority of the members.

Accepted Answer

A) Special resolution 
B) Resolution by postal ballot 
C) Ordinary resolution 
D) Resolution requiring special notice 
A) Special resolution 
B) Resolution by postal ballot 
C) Ordinary resolution 
D) Resolution requiring special notice

Question 10

The term whole time director is defined in Sec.__________ of the Companies Act 1956

Accepted Answer

A) 2(25) 
B) 2 (24) 
C) 3 (25) 
D) 3(24) 
A) 2(25) 
B) 2 (24) 
C) 3 (25) 
D) 3(24)

Question 11

_________ refers to the instrument by which a person is appointed to act for another at a meeting of the company.

Accepted Answer

A) Proxy 
B) Quorum 
C) Motion 
D) None of the above 
A) Proxy 
B) Quorum 
C) Motion 
D) None of the above

Question 12

Minimum number of directors in public company is ______

Accepted Answer

A) 3 
B) 2 
C) 4 
D) 1 
A) 3 
B) 2 
C) 4 
D) 1

Question 13

__________ can be imposed on directors for non compliance of requirements of companies Act.

Accepted Answer

A) Penalty 
B) Fine 
C) Statutory penalty 
D) Criminal liability 
A) Penalty 
B) Fine 
C) Statutory penalty 
D) Criminal liability

Question 14

The first annual general meeting of the company must be held within ________

Accepted Answer

A) 6 months of incorporation 
B) 6 months from the date at which the company's entitled to start its business 
C) 18 months from the date at which the company is entitled to start its business. 
D) 18 months of incorporation. 
A) 6 months of incorporation 
B) 6 months from the date at which the company's entitled to start its business 
C) 18 months from the date at which the company is entitled to start its business. 
D) 18 months of incorporation.

Question 15

__________ is the executive authority of the company.

Accepted Answer

A) Partner 
B) Shareholders 
C) Board of Directors 
D) Expert 
A) Partner 
B) Shareholders 
C) Board of Directors 
D) Expert

Question 16

________ is the minimum number of members that should be present at the meeting as per the Articles of the company before any business can be validly transacted.

Accepted Answer

A) Minute 
B) Quorum 
C) Register 
D) Proxies 
A) Minute 
B) Quorum 
C) Register 
D) Proxies

Question 17

The Chairman of a company has _________ votes

Accepted Answer

A) 1 
B) 3 
C) 2 
D) None of the above 
A) 1 
B) 3 
C) 2 
D) None of the above

Question 18

Minimum number of directors in private company is _________

Accepted Answer

A) 3 
B) 2 
C) 4 
D) 1 
A) 3 
B) 2 
C) 4 
D) 1

Question 19

At one time the appointment of sole selling agent can be made for a period of ______

Accepted Answer

A) One year 
B) three year 
C) five year 
D) seven year 
A) One year 
B) three year 
C) five year 
D) seven year

Question 20

The appointment of every director is to be made by an _______at the general meeting.

Accepted Answer

A) Ordinary resolution 
B) Special resolution 
C) Single resolution 
D) None of the above 
A) Ordinary resolution 
B) Special resolution 
C) Single resolution 
D) None of the above

For the proper conduct of business in a meeting a _________ is necessary

A Managing Director can be appointed for a maximum period of ___________

__________ is a group of people who are acting on behalf of the Company.

_________called for dealing with some urgent special business which cannot be postponed till the next annual general meeting.

_________ director act during the absence of the original director.

Decisions of a company are made by _______ of its members passed at meeting of members.

__________ means the list of business or thing to be done at the meeting

A meeting of Board of directors shall be held at least ____________

_______ is the resolution which is passed at validly called general meeting, by simple majority of the members.

The term whole time director is defined in Sec.__________ of the Companies Act 1956

_________ refers to the instrument by which a person is appointed to act for another at a meeting of the company.

Minimum number of directors in public company is ______

__________ can be imposed on directors for non compliance of requirements of companies Act.

The first annual general meeting of the company must be held within ________

__________ is the executive authority of the company.

________ is the minimum number of members that should be present at the meeting as per the Articles of the company before any business can be validly transacted.

The Chairman of a company has _________ votes

Minimum number of directors in private company is _________

At one time the appointment of sole selling agent can be made for a period of ______

The appointment of every director is to be made by an _______at the general meeting.

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Exam 13: Important Facts About Company Executive Authority and Meetings of the Board of Directors

For the proper conduct of business in a meeting a _________ is necessary

A Managing Director can be appointed for a maximum period of ___________

__________ is a group of people who are acting on behalf of the Company.

_________called for dealing with some urgent special business which cannot be postponed till the next annual general meeting.

_________ director act during the absence of the original director.

Decisions of a company are made by _______ of its members passed at meeting of members.

__________ means the list of business or thing to be done at the meeting

A meeting of Board of directors shall be held at least ____________

_______ is the resolution which is passed at validly called general meeting, by simple majority of the members.

The term whole time director is defined in Sec.__________ of the Companies Act 1956

_________ refers to the instrument by which a person is appointed to act for another at a meeting of the company.

Minimum number of directors in public company is ______

__________ can be imposed on directors for non compliance of requirements of companies Act.

The first annual general meeting of the company must be held within ________

__________ is the executive authority of the company.

________ is the minimum number of members that should be present at the meeting as per the Articles of the company before any business can be validly transacted.

The Chairman of a company has _________ votes

Minimum number of directors in private company is _________

At one time the appointment of sole selling agent can be made for a period of ______

The appointment of every director is to be made by an _______at the general meeting.

Management Information Systems Mis and Related Topics

Information System Management and Implementation

Management Information Systems and Related Topics

Software Development and Information Systems

Information Systems and Technology Terminology and Concepts

IT Infrastructure, Database Management, and System Life Cycle: Exploring Key Concepts and Terminologies

Related to Information Systems and Decision Making

Business, Technology, and Law

Company Law and Incorporation

Companies Act and Company Formation

Company Law and Governance FAQS

Company Registration and Management: Understanding Articles and Memorandum of Association, Directorship, and Liability

Corporate Governance and Company Management

Corporate Governance and Meeting Procedures

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