Refer to CBSE Class 11 Business Studies Formation of a Company MCQs provided below. CBSE Class 11 Business Studies MCQs with answers available in Pdf for free download. The MCQ Questions for Class 11 Business Studies with answers have been prepared as per the latest syllabus, CBSE books and examination pattern suggested in Class 11 by CBSE, NCERT and KVS. Multiple Choice Questions for Chapter 7 Formation of a Company are an important part of exams for Class 11 Business Studies and if practiced properly can help you to get higher marks. Refer to more Chapter-wise MCQs for CBSE Class 11 Business Studies and also download more latest study material for all subjects
MCQ for Class 11 Business Studies Chapter 7 Formation of a Company
Class 11 Business Studies students should refer to the following multiple-choice questions with answers for Chapter 7 Formation of a Company in Class 11. These MCQ questions with answers for Class 11 Business Studies will come in exams and help you to score good marks
Chapter 7 Formation of a Company MCQ Questions Class 11 Business Studies with Answers
Question : Minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21
Answer : B
Question : The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) Registration officer
(c) Governor
(d) Registrar
Answer : D
Question : “Men may come and men may go but the company exist”- this explains which characteristics of the company as per companies Act 1956
(a) Separate legal entity
(b) Perpetual Succession
(c) Capacity to sue
(d) None of the above
Answer : B
Question : A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public
(c) A public enterprise
(d) A public company
Answer : B
Question : Application for approval of name of a company is to be made to
(a) SEBI
(b) Registrar of Companies
(c) Government of India
(d) Government of the State in which Company is to be registered
Answer : B
Question : A company is known as the _______company of another company if it has control over that other company.
(a) Subsidiary
(b) Holding
(c) Controlling
(d) Statutory
Answer : B
Question : A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public
(c) A public enterprise
(d) A public company
Answer : B
Question : Stages in the formation of a public company are in the following order
(a) Promotion, Commencement of Business, Incorporation, Capital Subscription
(b) Incorporation, Capital Subscription. Commencement of Business, Promotion
(c) Promotion, Incorporation, Capital Subscription, Commencement of Business
(d) Capital Subscription, Promotion, Incorporation, Commencement of Business
Answer : C
Question : When the registered office of a company is changed within a city then it has to be intimated to the registrar within ________ days of such change
(a) 60
(b) 45
(c) 30
(d) 7
Answer : C
Question : Par value of shares means the __________ value of the shares
(a) Actual
(b) face
(c) Market
(d) dividend
Answer : B
Question : A Government Company means any company in which not less than 51% of the paid-up share capital is held by
(a) Central Government
(b) State government
(c) Both a & b
(d) Neither a nor b
Answer : C
Question : The certificate of capital will be issued by
(a) Registrar of Companies Act
(b) Controller of companies Act
(c) Registrar of capital issues
(d) Controller of capital issues
Answer : D
Question : _________ capital means the sum mentioned in the capital clause of Memorandum of Association
(a) Full capital
(b) Maximum capital
(c) share capital
(d) Nominal Capital
Answer : D
Question : Powers, rights, remuneration, qualification and duties of directors are discussed clearly in
(a) Memorandum of Association
(b) Articles of Association
(c) Prospectus
(d) None of the above
Answer : B
Question : Preliminary Contracts are
(a) binding on the Company
(b) binding on the Company, if ratified after incorporation
(c) binding on the Company, after incorporation
(d) not binding on the Company
Answer : D
Question : For example Par value is Rs10 and it is issued at Rs15 then Rs5 is the ___________ amount
(a) Profit
(b) Market value
(c) dividend
(d) premium
Answer : D
Question : Statement in lieu of prospectus can be filed by
(a) Public company
(b) Private company
(c) Unregistered company
(d) None of the above
Answer : A
Question : The articles of association need to be signed by
(a) All proposed directors
(b) Registrar
(c) Subscribers of memorandum
(d) None of the above
Answer : C
Question : A private company means a company which has a minimum paid up capital of Rs.———
(a) 100,000
(b) 500,000
(c) 5,000,000
(d) none of the above
Answer : B
Question : Which of the following clause of Memorandum of Association cannot be altered
(a) Name
(b) Object
(c) Situation
(d) Liability
Answer : D
Question : The liability of the members of the company can be limited by
(a) Share
(b) Guarantee
(c) Both a & b
(d) Neither a nor b
Answer : C
Question : Preliminary Contracts are
(a) binding on the Company
(b) binding on the Company, if ratified after incorporation
(c) binding on the Company, after incorporation
(d) not binding on the Company
Answer : D
Question : The application for registration of a company should be presented to the _______________ of the state appointed under Companies Act 1956
(a) Controller
(b) Registrar
(c) Governor
(d) Registration officer
Answer : B
Question : _______________ capital means the sum mentioned in the capital clause of Memorandum of Association
(a) Full capital
(b) Maximum capital
(c) share capital
(d) Nominal Capital
Answer : D
Question : The Prospectus must be issued to the public within ______________ days of its date.
(a) 30
(b) 60
(c) 90
(d) 100
Answer : C
Question : A private company means a company which has a minimum paid up capital of Rs.————-
(a) 1,00,000
(b) 5,00,000
(c) 50,00,000
(d) None of the above
Answer : B
Question : Section 12 of Companies Act 1956, deals with
(a) Incorporation
(b) Share capital
(c) Number of Directors
(d) Shareholders
Answer : A
Question : _____ share capital has priority both in repayment of dividend as well as capital.
(a) Equity
(b) non preference
(c) Preference
(d) all of the above
Answer : C
Question : It is necessary to get every company incorporated, whether private or public. True
Question : A private company can commence business after incorporation. True
Question : Experts who help promoters in the promotion of a company are also called promoters. False
‘Question : Articles of Association’ is the main document of a company. False
Question : Every company must file Articles of Association. False
Question : If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members. False
CBSE Class 11 Business Studies Nature and Purpose Of Business MCQs |
CBSE Class 11 Business Studies Forms Of Business Organizations MCQs |
CBSE Class 11 Business Studies Public Private and Global Organizations MCQs |
CBSE Class 11 Business Studies Business Services MCQs |
CBSE Class 11 Business Studies Emerging Modes Of Business MCQs |
CBSE Class 11 Business Studies Social Responsibility MCQs |
CBSE Class 11 Business Studies Formation of a Company MCQs |
CBSE Class 11 Business Studies Sources of Business Finance MCQs |
CBSE Class 11 Business Studies Small Business and Entrepreneurship MCQs |
CBSE Class 11 Business Studies Internal Trade MCQs |
CBSE Class 11 Business Studies International Business MCQs |
More Study Material
CBSE Class 11 Business Studies Chapter 7 Formation of a Company MCQs
We hope students liked the above MCQs for Chapter 7 Formation of a Company designed as per the latest syllabus for Class 11 Business Studies released by CBSE. Students of Class 11 should download the Multiple Choice Questions and Answers in Pdf format and practice the questions and solutions given in above Class 11 Business Studies MCQs Questions on daily basis. All latest MCQs with answers have been developed for Business Studies by referring to the most important and regularly asked topics which the students should learn and practice to get better score in school tests and examinations. Studiestoday is the best portal for Class 11 students to get all latest study material free of cost.
MCQs for Business Studies CBSE Class 11 Chapter 7 Formation of a Company
Expert teachers of studiestoday have referred to NCERT book for Class 11 Business Studies to develop the Business Studies Class 11 MCQs. If you download MCQs with answers for the above chapter daily, you will get higher and better marks in Class 11 test and exams in the current year as you will be able to have stronger understanding of all concepts. Daily Multiple Choice Questions practice of Business Studies and its study material will help students to have stronger understanding of all concepts and also make them expert on all critical topics. You can easily download and save all MCQs for Class 11 Business Studies also from www.studiestoday.com without paying anything in Pdf format. After solving the questions given in the MCQs which have been developed as per latest course books also refer to the NCERT solutions for Class 11 Business Studies designed by our teachers
Chapter 7 Formation of a Company MCQs Business Studies CBSE Class 11
All MCQs given above for Class 11 Business Studies have been made as per the latest syllabus and books issued for the current academic year. The students of Class 11 can refer to the answers which have been also provided by our teachers for all MCQs of Business Studies so that you are able to solve the questions and then compare your answers with the solutions provided by us. We have also provided lot of MCQ questions for Class 11 Business Studies so that you can solve questions relating to all topics given in each chapter. All study material for Class 11 Business Studies students have been given on studiestoday.
Chapter 7 Formation of a Company CBSE Class 11 MCQs Business Studies
Regular MCQs practice helps to gain more practice in solving questions to obtain a more comprehensive understanding of Chapter 7 Formation of a Company concepts. MCQs play an important role in developing understanding of Chapter 7 Formation of a Company in CBSE Class 11. Students can download and save or print all the MCQs, printable assignments, practice sheets of the above chapter in Class 11 Business Studies in Pdf format from studiestoday. You can print or read them online on your computer or mobile or any other device. After solving these you should also refer to Class 11 Business Studies MCQ Test for the same chapter
CBSE MCQs Business Studies Class 11 Chapter 7 Formation of a Company
CBSE Class 11 Business Studies best textbooks have been used for writing the problems given in the above MCQs. If you have tests coming up then you should revise all concepts relating to Chapter 7 Formation of a Company and then take out print of the above MCQs and attempt all problems. We have also provided a lot of other MCQs for Class 11 Business Studies which you can use to further make yourself better in Business Studies
You can download the CBSE MCQs for Class 11 Business Studies Chapter 7 Formation of a Company for latest session from StudiesToday.com
Yes, you can click on the links above and download topic wise MCQs Questions PDFs for Chapter 7 Formation of a Company Class 11 for Business Studies
Yes, the MCQs issued by CBSE for Class 11 Business Studies Chapter 7 Formation of a Company have been made available here for latest academic session
You can easily access the links above and download the Chapter 7 Formation of a Company Class 11 MCQs Business Studies for each topic
There is no charge for the MCQs and their answers for Class 11 CBSE Business Studies Chapter 7 Formation of a Company you can download everything free
Regular revision of MCQs given on studiestoday for Class 11 subject Business Studies Chapter 7 Formation of a Company can help you to score better marks in exams
Multiple Choice Questions (MCQs) for Chapter 7 Formation of a Company Class 11 Business Studies are objective-based questions which provide multiple answer options, and students are required to choose the correct answer from the given choices.