MCQ 11 MarkHow many people can be offered in private placement?✓$50$B$30$C$20$D$10$AnswerCorrect option: A. $50$View full question & answer→
MCQ 21 MarkIn case of Civil Liability, the Directors$........$✓have to pay for the loss.Bare not liable at all for the first time.Chave to pay for the possible loss.Dhave to pay the loss sustained in the profit.AnswerCorrect option: A. have to pay for the loss.View full question & answer→
MCQ 31 MarkProspectus$.......$Ais not required to be published.✓is necessary to be published.Cmay be in the written form.Dis in the nature of scattered information.AnswerCorrect option: B. is necessary to be published.View full question & answer→
MCQ 41 MarkIn private placement in how many days allotment is to be done?Awithin $15$ days.✓within $60$ days.Cwithin $75$ days.Dwithin $90$ days.AnswerCorrect option: B. within $60$ days.View full question & answer→
MCQ 51 MarkThe amount of subscription received is to be$....$✓deposited by opening a separate account in a Scheduled Bank.Bdeposited in Nationalized Bank.Cdeposited in current account of a company.Ddeposited in the account of the Director.AnswerCorrect option: A. deposited by opening a separate account in a Scheduled Bank.View full question & answer→
MCQ 61 MarkIn order to invite public to purchase shares, a company.....Amay print application form.Bcannot print application form.✓print along with mini prospectus.Dmay take application on a paper.AnswerCorrect option: C. print along with mini prospectus.View full question & answer→
MCQ 71 MarkWhich of the following statement is incorrect in relation to prospectus?AProspectus is an invitation published by a companyBProspectus must be in written form.CName of the company.✓It is not mandatory to register with Registrar of companies.AnswerCorrect option: D. It is not mandatory to register with Registrar of companies.View full question & answer→
MCQ 81 MarkPerson liable for criminal offence in case of publication of information in prospectus$.....$Acan be punished with imprisonment.Bcan be punished with fine only.Cis to be pardoned for the first offence.✓can be punished with imprisonment and fine or both.AnswerCorrect option: D. can be punished with imprisonment and fine or both.View full question & answer→
MCQ 91 MarkPerson liable for Civil Liability in case of publication of information in prospectus$.....$✓can be punished with fine.Bcan be punished with imprisonment or fine.Ccannot be punished at all.Dcan be punished with imprisonment as well as fineAnswerCorrect option: A. can be punished with fine.View full question & answer→
MCQ 101 MarkWhat percentage of interest is to be paid on private placement on failure to make payment within $15$ days after expiry of $60$ days?A$0.1$✓$0.12$C$0.18$D$0.13$AnswerCorrect option: B. $0.12$View full question & answer→
MCQ 111 MarkIn how many days money has to be refunded in privapIacement, if allotment has not made within $60$ days?✓$15$ daysB$30$ daysC$7$ daysD$60$ daysAnswerCorrect option: A. $15$ daysView full question & answer→
MCQ 121 MarkHow the amount of Subscription for private placement can not be paid?AThrough chequeBThrough draft✓Through cashDThrough Bank transactionAnswerCorrect option: C. Through cashView full question & answer→
MCQ 131 MarkWhat is to be attached to the application form of securities purchased of the company’AIncorporation certificate✓Mini prospectusCList of DirectorsDBank StatementAnswerCorrect option: B. Mini prospectusView full question & answer→
MCQ 141 MarkIn how money days a prospectus has to be publisiied from the date of its registration before registrar ?✓$90$ daysB$30$ daysC$60$ daysD$45$ daysAnswerCorrect option: A. $90$ daysView full question & answer→
MCQ 151 MarkWho can publish prospectus on behalf of the company before presenting it to-the Registrar of company?ASecretaryBManaging DirectorCManager✓No oneAnswerCorrect option: D. No oneView full question & answer→
MCQ 161 MarkHow many people can be offered in private placement?✓$50$B$30$C$20$D$10$AnswerCorrect option: A. $50$View full question & answer→
MCQ 171 MarkIn case of civil liability the Directors$ …………$✓Have to pay for the lossBAre not liable at all for the first timeCHave to pay for the possible lossDHave to pay the loss sustained in the profit.AnswerCorrect option: A. Have to pay for the lossView full question & answer→
MCQ 181 MarkProspectus $…………$Ais not required to be published✓is necessary to be printedCmay be in the written formDis in the nature of Scattered informationAnswerCorrect option: B. is necessary to be printedView full question & answer→
MCQ 191 MarkIn private placement in how many days allotment is to be done?AWithin $15$ days✓Within $60$ daysCWithin $75$ daysDWithin $90$ daysAnswerCorrect option: B. Within $60$ daysView full question & answer→
MCQ 201 MarkThe amount of Subscription received is to be $……………$✓deposited by opening a separate account in a Schedule Bank.BDeposited in Nationalized BankCDeposited in current account of a companyDDeposited in the account of the Director.AnswerCorrect option: A. deposited by opening a separate account in a Schedule Bank.View full question & answer→
MCQ 211 MarkIn order to invite public to purchase shares, a company $……..$AMay print application formBCan not print application form✓Print along with Mini prospectusDMay take application on a paper.AnswerCorrect option: C. Print along with Mini prospectusView full question & answer→
MCQ 221 MarkWhich of the following statement is incorrect in relation to prospectus ?AProspectus is an invitation published by a company.BProspectus must be in written formCName of the company✓It is not mandatory to register with Registrar of Companies.AnswerCorrect option: D. It is not mandatory to register with Registrar of Companies.View full question & answer→
MCQ 231 MarkPerson liable for criminal offence in case of publication of information in prospectus $……..$ACan be punished with imprisonmentBCan be punished with fine onlyCIs to be pardoned for the first offence✓Can be punished with imprisonment and fine or bothAnswerCorrect option: D. Can be punished with imprisonment and fine or bothView full question & answer→
MCQ 241 MarkPerson liable for Civil Liability in case of publication of information in prospectus $……$✓Can be punished with fineBCan be punished with imprisonment or fineCCan not be punished at allDCan be punished with imprisonmentAnswerCorrect option: A. Can be punished with fineView full question & answer→
MCQ 251 MarkWho cannot issue an advertisement on behalf of a company before submitting an advertisement before the Registrar of Companies?AManagerBManaging DirectorCSecretary✓None.AnswerCorrect option: D. None.View full question & answer→
MCQ 261 MarkAccording to the new company rule, how many days should the minimum payment amount be received?A$91$B$45$✓$30$D$15$AnswerCorrect option: C. $30$View full question & answer→
MCQ 271 MarkAdvertising in simple language means$........$APray✓AdvertisingCApprovalDRequest.AnswerCorrect option: B. AdvertisingView full question & answer→