MCQ 11 MarkLetter of renunciation is related toAShare forfeitureBResignation of promoters✓Rights shareDRefund of share application moneyAnswerCorrect option: C. Rights shareView full question & answer→
MCQ 21 MarkWhat is returning of share certificates to the company by shareholder called ?ABuy back of shares✓Share surrenderCShare splitDOffer for saleAnswerCorrect option: B. Share surrenderView full question & answer→
MCQ 31 MarkRight share meansAShares to be alloted to employeesBShares to be alloted to promoters✓Shares to be alloted to existing shareholdersDShares without considerationAnswerCorrect option: C. Shares to be alloted to existing shareholdersView full question & answer→
MCQ 41 MarkHow is share application done in recent time?ABy making application to SEBIBBy depositing application and cheque✓By filling ASBA form and getting share application money blocked in the bank account of applicant.DBy making application to Registrar of Companies.AnswerCorrect option: C. By filling ASBA form and getting share application money blocked in the bank account of applicant.View full question & answer→
MCQ 51 MarkMinimum gap between two instalments should be✓$1$ monthB$2$ monthsC$3$ monthsD$4$ months.AnswerCorrect option: A. $1$ monthView full question & answer→
MCQ 61 MarkDue to forfeiture of shares $...............$AThe company refunds the amount paid by the shareholder.✓The company does not refund the amount paid by the shareholder.CPaid up share capital does not change.DAuthorised share capital reduces.AnswerCorrect option: B. The company does not refund the amount paid by the shareholder.View full question & answer→
MCQ 71 MarkWhich allotment of share is void from the very beginning ?AIrregular✓IllegalCBefore public issueDPrivate placementAnswerCorrect option: B. IllegalView full question & answer→
MCQ 81 MarkBy which document can an invitation be made for public issue?✓Memorandum of AssociationBProspectusCArticles of AssociationDCertificate of incorporationAnswerCorrect option: A. Memorandum of AssociationView full question & answer→
MCQ 91 MarkWhich acts are required to be followed by a company, for issue of shares and other securities, in India?ASecurities Contract Regulation Act 1956BCompanies Act 2013CSEBI Act, 1992✓All of theseAnswerCorrect option: D. All of theseView full question & answer→
MCQ 101 MarkWhat is the minimum percentage of applications for shares issued for minimum subscription?A80%B85%✓90%D95%.AnswerCorrect option: C. 90%View full question & answer→
MCQ 111 MarkHow many days are the shares confiscated if the members do not pay the installment amount despite sending the warning letter?A10B12✓14D20AnswerCorrect option: C. 14View full question & answer→
MCQ 121 MarkWhom do directors have to be present at the time of share distribution?AShareholderBApplicantCSecretary✓Representative of the stock market.AnswerCorrect option: D. Representative of the stock market.View full question & answer→
MCQ 131 MarkAt least what percentage of the face value of the issued shares should be demanded with the share application?✓5%B10%C15%D20%.AnswerCorrect option: A. 5%View full question & answer→
MCQ 141 MarkWhich provisional form is prepared till the membership form is prepared?ASecretary Form.✓Share Application and Distribution Form.CBank Form.DApplication Form.AnswerCorrect option: B. Share Application and Distribution Form.View full question & answer→
MCQ 151 MarkIf the founders have bought shares in the public offering, they will not be able to sell the shares till the time fixed by SEBI. What is it called?✓Lock-in-perioBLock-out-perioCMinimum perioDMaximum perioAnswerCorrect option: A. Lock-in-perioView full question & answer→
MCQ 161 MarkHow many days before the closure of member form and transfer form is given notice in the newspaper?A4B5C6✓7AnswerCorrect option: D. 7View full question & answer→
MCQ 171 MarkIt is necessary for the shares or securities of the company to be bought and sold in the recognized stock market .....AShare DistributionBShare ApprovalCShare Application✓Share Registration.AnswerCorrect option: D. Share Registration.View full question & answer→
MCQ 181 MarkWhere is the share installment provided?✓Articles of Association.BMemorandum of Association.CRegister of the company.DIn the account book of the company.AnswerCorrect option: A. Articles of Association.View full question & answer→
MCQ 191 MarkHow many days in advance should the statement in lieu of prospectus be registered with the Registrar of Companies?A15 daysB12 days✓7 daysD3 days.AnswerCorrect option: C. 7 daysView full question & answer→
MCQ 201 MarkWhen does the company return the total amount received in payment?AWhen a company is listed on the stock exchange.BWhen subscription is floode✓When the amount equal to the minimum subscription is not receiveDWhen shares are issued with premium.AnswerCorrect option: C. When the amount equal to the minimum subscription is not receiveView full question & answer→
MCQ 211 MarkHow many months will the membership be canceled if the directors do not pay the installment amount on the shares within the stipulated time?A1 monthB ૩ Month✓6 monthsD12 months.AnswerCorrect option: C. 6 monthsView full question & answer→
MCQ 221 MarkWhose personal responsibility arises in irregular share distribution?ACompany Secretary✓Director'sCGeneral ManagerDShareholder.AnswerCorrect option: B. Director'sView full question & answer→
MCQ 231 MarkIf the minimum subscription amount is not paid within 120 days, in how many days will the money have to be returned for the applications received?A5 daysB15 days✓10 daysD30 days.AnswerCorrect option: C. 10 daysView full question & answer→
MCQ 241 MarkHow many days before the opening of the stock list can not be stopped?A2 daysB3 daysC4 days✓5 days.AnswerCorrect option: D. 5 days.View full question & answer→
MCQ 251 MarkRenunciation of share is associated with$.......?$AShare ForfeitureBResignation of Founders✓Right SharesDTo Return Application money.AnswerCorrect option: C. Right SharesView full question & answer→
MCQ 261 MarkWithin how many days after receiving last warning later, shareholders urged to pay installment money with interest?A5 daysB10 days✓14 daysD21 days.AnswerCorrect option: C. 14 daysView full question & answer→
MCQ 271 MarkHow many days from the date of receipt of the installment, does the share holder pay the amount to the bank?A7✓14C21D30AnswerCorrect option: B. 14View full question & answer→
MCQ 281 MarkWhat does it mean for a shareholder to return his share certificate to the company?ARe-purchase of shares.✓Share Surrender.CDividend of shares.DProposal for sale.AnswerCorrect option: B. Share Surrender.View full question & answer→
MCQ 291 MarkThe share of rights means$.................$AShares distributed to employees.BShares to be sold to the founder.✓Shares distributed to existing shareholders.Dare without compensation.AnswerCorrect option: C. Shares distributed to existing shareholders.View full question & answer→
MCQ 301 MarkHow is the share applied in the present circumstances?ABy applying to SEBI.BBy giving application form and check.✓By blocking the amount of share application in the account of the applicant and by filling up his ASBA form.DBy sending a share application to the company register.AnswerCorrect option: C. By blocking the amount of share application in the account of the applicant and by filling up his ASBA form.View full question & answer→
MCQ 311 MarkDue to share forfeiture$...............$AThe company returns the shareholder amount.✓The company does not return the amount paid to the shareholder.CThere is no change in the paid up share capital.DDecrease in official share capital.AnswerCorrect option: B. The company does not return the amount paid to the shareholder.View full question & answer→
MCQ 321 MarkWhat kind of share distribution is void from the beginning?AIrregular✓IllegalCPre-Public PaymentDPrivate Basis.AnswerCorrect option: B. IllegalView full question & answer→
MCQ 331 MarkWhich law is required to be enforced by a company for payment of shares and other securities in India?ASecurities Contract Regulation Act-1956.BCompany Act-2013.CSEBI Act-1992.✓All this.AnswerCorrect option: D. All this.View full question & answer→
MCQ 341 MarkHow many days have the equity dividend paid by the company?ASevenBFourteenCTwenty one✓Thirty.AnswerCorrect option: D. Thirty.View full question & answer→
MCQ 351 MarkHow many types of dividends are there?✓TwoBThreeCFourDFive.AnswerCorrect option: A. TwoView full question & answer→
MCQ 361 MarkWhat does the company pay out of profits received at the end of the year?AInterestBProfit✓TaxDDividenAnswerCorrect option: C. TaxView full question & answer→
MCQ 371 MarkWhat is the engagement associated with it?AShare Forfeiture.BPromoter's Resignation.✓Right shares.DTo refund the application money.AnswerCorrect option: C. Right shares.View full question & answer→
MCQ 381 MarkIn how many parts letter of renunciation is divided?AOne✓TwoCThreeDFour.AnswerCorrect option: B. TwoView full question & answer→
MCQ 391 MarkHow long can one apply for cancellation of shareholding after the first official meeting?AOne month✓Two monthsCThree monthsD15 days.AnswerCorrect option: B. Two monthsView full question & answer→
MCQ 401 MarkHow many days before the notice should be issued to the members?A7✓14C21D30AnswerCorrect option: B. 14View full question & answer→
MCQ 411 MarkWhat is the minimum percentage of the philosophical value of the shares given to be shared with the share application?A1%B3%✓5%D10%.AnswerCorrect option: C. 5%View full question & answer→
MCQ 421 MarkWhich of the following is the share work formation prepared?AShareholders.BCompany.✓Computer Software.DDirectors.AnswerCorrect option: C. Computer Software.View full question & answer→
MCQ 431 MarkCan the company not share shares if fewer than few applications are received?A$50\%$B$60\%$C$70\%$✓$90\%.$AnswerCorrect option: D. $90\%.$View full question & answer→
MCQ 441 Mark$...............$is prepared after receiving share application?✓StatementBApplicationCCertificateDNone of these.AnswerCorrect option: A. StatementView full question & answer→
MCQ 451 MarkIn the public recruitment, at least a few percent of the shares issued for retail investors are reserved?A5%✓10%C15%D12%.AnswerCorrect option: B. 10%View full question & answer→
MCQ 461 Mark$......$ Share is deposited in the applicant's demat account?ACompanyBSecretary✓DepositoryDLead Manager.AnswerCorrect option: C. DepositoryView full question & answer→
MCQ 471 MarkWhat is not required in the ASBA application?ADraft✓CheckCRTGSDNEFT.AnswerCorrect option: B. CheckView full question & answer→
MCQ 481 MarkWhen was SEBI's latest guideline has been issued?A 1-1-2014B 1-1-2015✓1-1-2016D1-1-2017.AnswerCorrect option: C. 1-1-2016View full question & answer→
MCQ 491 MarkIs it necessary to get permission for advertisement for public payment..........?ACompany Act -1956.BCompany Act -2013.CBoard of Directors.✓SEBI.AnswerCorrect option: D. SEBI.View full question & answer→
MCQ 501 MarkWhere are the documents invited for public recourse?AMemorandum of Association.✓Prospectus.CArticle of Association.DCertificate of Registration.AnswerCorrect option: B. Prospectus.View full question & answer→