Refer to CBSE Class 11 Business Studies Formation of a Company MCQs Set C provided below available for download in Pdf. The MCQ Questions for Class 11 Business Studies with answers are aligned as per the latest syllabus and exam pattern suggested by CBSE, NCERT and KVS. Chapter 7 Formation of a Company Class 11 MCQ are an important part of exams for Class 11 Business Studies and if practiced properly can help you to improve your understanding and 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.
Chapter 7 Formation of a Company MCQ Questions Class 11 Business Studies with Answers
Question. ___________ cannot give an invitation to the public to subscribe for any shares in or debentures of the company
(a) Subsidiary company
(b) Statutory Company
(c) Private company
(d) Registered company
Answer: C
Question. Section 12 of Companies Act 1956, deals with
(a) Incorporation
(b) Share capital
(c) Number of Directors
(d) Shareholders
Answer: A
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. The articles of association need to be signed by
(a) All proposed directors
(b) Registrar
(c) Subscribers of memorandum
(d) None of the options
Answer: C
Question. Which of the following is not a clause of memorandum of association
(a) situation
(b) capital
(c) subscription
(d) directors
Answer: D
Question. The company will be considered as a separate person and different from its members from the date of __________
(a) Start of business
(b) Apply for registration
(c) Receive incorporation certificate
(d) Mentioned in the certificate
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. 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. 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. Par value of shares means the __________ value of the shares
(a) Actual
(b) face
(c) Market
(d) dividend
Answer: B
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 options
Answer: B
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MCQs for Chapter 7 Formation of a Company Business Studies Class 11
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 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 will help students to have stronger understanding of all concepts and also make them expert on all critical topics. After solving the questions given in the MCQs which have been developed as per latest books also refer to the NCERT solutions for Class 11 Business Studies. 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. After solving these you should also refer to Class 11 Business Studies MCQ Test for the same chapter.
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