Business Law

411. The power to order rectification of register of members vests in the ______________

  1. Court
  2. Tribunal
  3. Central Government
  4. Board of directors
Correct answer: (B)
Tribunal

412. A Statutory company is one which incorporated by

  1. An Act of Parliament
  2. By an Act of state legislature
  3. Under the companies Act,1956
  4. By either a or b.
Correct answer: (D)
By either a or b.

413. ______________ can be passed by the support of three fourth majority a share holders who are present and entitle to vote at a meeting.

  1. Special resolution
  2. Ordinary resolution
  3. Both A and B
  4. None of these.
Correct answer: (C)
Both A and B

414. A foreigner can become a member of a company registered in India but permission of

  1. SEBI
  2. High Court
  3. RBI
  4. Supreme court
Correct answer: (C)
RBI

415. A elected director can be terminated by the

  1. Company
  2. High Court
  3. State Government
  4. Central Government
Correct answer: (D)
Central Government

416. ______________ is a manufacturing process

  1. Railway running shed
  2. Existing films
  3. Making of Bidi
  4. Mere-storage of salable articles in refrigerator.
Correct answer: (C)
Making of Bidi

417. ______________ is a decision on the proposal

  1. Quorum
  2. Proxy
  3. Motion
  4. Resolution
Correct answer: (D)
Resolution

418. Section 10 provides for the appointment of ______________

  1. Inspector
  2. Adult
  3. Certifying surgeon
  4. Adolescent
Correct answer: (C)
Certifying surgeon

419. A proxy can vote only in case of ______________

  1. Vote
  2. Poll
  3. Election
  4. None of these.
Correct answer: (B)
Poll

420. ______________ are the true owners of the company.

  1. Members
  2. Investors
  3. Directors
  4. Share holders
Correct answer: (D)
Share holders
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