410+ Management information system Solved MCQs

201.

In many organizations, hypermedia database at corporate intranet websites have become the knowledge bases for storage and dissemination of business knowledge.

A. true
B. False
C. none
D. none
Answer» A. true
202.

___________ is a field of science and technology based on disciplines such as computer science, biology, psychology, linguistics, mathematics and engineering.

A. Natural intelligence
B. Artificial intelligence
C. Articulate intelligence
D. None of the above
Answer» B. Artificial intelligence
203.

___________ involves using multi- sensory human – computer interface that enable human users to experience computer – simulated objects, spaces, activities, and “words” as if they actually exist

A. virtual office
B. virtual reality
C. Real reality
D. Reality
Answer» B. virtual reality
204.

The components of an expert system include a ________________ that perform interfaces on the knowledge base and communicate answers to a user’s question?

A. Database and software module
B. knowledge base and software module
C. communication base and software module
D. knowledge base and interactive module
Answer» B. knowledge base and software module
205.

Information systems are composed of _________________ basic components.

A. Four
B. three
C. two
D. Many
Answer» B. three
206.

The human order take cam be bypassed when using a(n)

A. Office automation system
B. Management information
C. transaction processing system
D. decision support system
Answer» C. transaction processing system
207.

The _________ can help you choose a product

A. Office automation system
B. Management information system
C. Transaction processing
D. decision support system
Answer» D. decision support system
208.

The expert system uses a(n) ____________ to select the most appropriate response

A. inference
B. decision support system
C. knowledge base
D. data source
Answer» A. inference
209.

An intranet that is accessible by outside workers.

A. firewall
B. extranet
C. management information system
D. P2PN
Answer» B. extranet
210.

_____________ is the capability to continue as if nothing has happended, even after a major component failure

A. redundancy
B. interoperability
C. fault tolerance
D. back up
Answer» C. fault tolerance
211.

striping with parity is also known as RAID____________

A. 0
B. 1
C. 4
D. 6
Answer» C. 4
212.

A storage device that is connected directly to a netwok ia an example of ______________

A. network attached storage
B. storage area network
C. direct attached storage
D. RAID
Answer» A. network attached storage
213.

A tape library will use a robotic component called a(n) ___________ to change and store multiple tape cartridges

A. RAID
B. Backup device
C. redundant system
D. Auto loader
Answer» D. Auto loader
214.

More than one of the same component is an example of a ______________ system

A. Scalable
B. redundant
C. RAID
D. back up
Answer» B. redundant
215.

Which type of database stores data in two – dimensional tables?

A. Network
B. Hierarchical
C. Table
D. Relational
Answer» D. Relational
216.

_________ is a voluntary association of persons formed to carry on some business for profit or to promote art, Science, education or some charitable purpose.

A. Incorporation
B. Private company
C. Company
D. Public company
Answer» C. Company
217.

___________ is a legal person which capable of perpetual succession and common seal.

A. Company
B. Firm
C. Voluntary Association
D. Partnership
Answer» A. Company
218.

Sec ________ of the companies Act, 1956 states that a company means "a company formed and registered under this Act, or an existing company"

A. 3(2) (ii)
B. 3(1) (ii)
C. 3 (3) (i)
D. 3 (1) (ii)
Answer» D. 3 (1) (ii)
219.

A company is a _________ of a persons who have come together for a common object which generally is to earn profit.

A. Artificial person
B. Voluntary Association
C. Incorporate Association
D. All of these
Answer» D. All of these
220.

Anything done under an agreement between the company and the third party requires recognition of the company in the form of an official said ___________

A. Contract
B. Agreement
C. Partnership
D. Official seal
Answer» D. Official seal
221.

A company is a ______________ person

A. District person
B. Group Association
C. Legal
D. Association
Answer» C. Legal
222.

A company is the creation of ____________

A. Common seal
B. Law
C. Share capital
D. Members
Answer» B. Law
223.

Minimum _________ and maximum _____________ constitute a private limited company.

A. 2 of 10
B. 7 of Unlimited
C. 2 of 15
D. 2 of 50
Answer» D. 2 of 50
224.

Minimum members in the case of partnership doing banking business is __________

A. 50
B. 20
C. 10
D. 7
Answer» C. 10
225.

Accounts of a company must be audited by an __________

A. Chartered Accountant
B. Auditor
C. Board of Directors
D. All of these
Answer» B. Auditor
226.

The winding up of the company can only be done by the process of ___________

A. dissolution of partnership
B. General meeting
C. Law
D. Management
Answer» C. Law
227.

________ company are those which are incorporated by a Royal Charter.

A. Chartered
B. Registered
C. Statutory
D. None of these
Answer» A. Chartered
228.

Statutory companies are those incorporated under a special act passed by __________

A. Companies Act
B. Parliament
C. Special resolution
D. Law
Answer» B. Parliament
229.

__________ Company may be companies limited by shares companies limited by guarantee, unlimited companies.

A. Number of member
B. Liability of members
C. Registered
D. Incorporation
Answer» C. Registered
230.

Companies limited by ________ are not formed for the purpose of profit but for the promotion of art science, culture, charity, sports, commerce etc.

A. Member
B. Shares
C. Liability
D. Guarantee
Answer» D. Guarantee
231.

Private company means a company which has a minimum paid up capital of ____________

A. Rs. 2,00,000
B. Rs. 5,00,000
C. Rs. 1,00,000
D. Rs. 1,00,000
Answer» C. Rs. 1,00,000
232.

A public company has been defined in Sec._________

A. 3 (1) (iv)
B. 3 (1) (i)
C. 3 (1) (iii)
D. 3 (1) (ii)
Answer» A. 3 (1) (iv)
233.

Public company means a company which has a minimum paid up capital of Rs. __________

A. 2,00,000
B. 3,00,000
C. 5,00,000
D. 1,00,000
Answer» C. 5,00,000
234.

Shares can be freely transferable in ________

A. Public Company
B. Private Company
C. Registered company
D. Government company
Answer» A. Public Company
235.

The common seal of the company is the _____________

A. Official signature of the company
B. Rights of the company
C. General view of the company
D. Name of the above
Answer» A. Official signature of the company
236.

During which of the following circumstances can the veil be lifted by the court?

A. Where the Co acts as an agent
B. Where a fraud is noticed
C. When the company tries to avoid certain legal obligations.
D. All of the above.
Answer» D. All of the above.
237.

The memorandum of Association is a __________of the company.

A. Certificate
B. Schedule
C. Document
D. None of the above
Answer» C. Document
238.

If the Articles of a company conflict with the memorandum.

A. The articles shall prevail
B. The memorandum shall prevail
C. The directors will resolve the conflict
D. The court will resolve the conflict
Answer» B. The memorandum shall prevail
239.

On a share of Rs. 200 of a company a shares holder has already paid Rs. 150. His liabilitye is now limited to:-

A. 200
B. 50
C. 150
D. 0
Answer» B. 50
240.

__________ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.

A. Illegal Association
B. Partnership
C. Incorporation
D. Company
Answer» D. Company
241.

A ___________ is a document but invites the public to subscribe for share and debentures.

A. Memorandum
B. Articles
C. Prospectus
D. Certificate
Answer» C. Prospectus
242.

The _________ issues the certificate of incorporation.

A. Register
B. Director
C. Court
D. All of the above
Answer» A. Register
243.

Corporate veil ensures ________ to the company.

A. Protection
B. Legal Immunity
C. Both a and b
D. None of the above
Answer» B. Legal Immunity
244.

The articles of Association and the memorandum of Association are drafted by __________

A. Auditor
B. Director
C. Secretary
D. Registrar
Answer» C. Secretary
245.

Doctrine of Ultra vires has reference to __________clause

A. Object
B. Subscription
C. Liability
D. None of the above
Answer» A. Object
246.

Which doctrine protects the out of the outsiders from the company?

A. The Doctrine of Ultra vires
B. The Doctrine of indoor management
C. Both a and b
D. None of the above
Answer» B. The Doctrine of indoor management
247.

Which Doctrine seeks to protect the company from the outsiders?

A. The Doctrine of indoor Management
B. The Doctrine of Ultravires
C. The Doctrine of constructive notice
D. None of the above
Answer» C. The Doctrine of constructive notice
248.

Sec ___________ of the companies Act deals with the meaning and provisions related to the shelf prospectus.

A. 50
B. 4 (1)
C. 2 (2)
D. 60
Answer» D. 60
249.

Sec ______________ of the companies Act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.

A. 60 (B)
B. 60 (A)
C. 16 (B)
D. 16 (A)
Answer» A. 60 (B)
250.

The person or group of person who being a company into existence are called __________

A. A firm
B. Incorporation
C. Promoters
D. Promotion
Answer» C. Promoters
251.

The Board of Directors delegate the power to ____

A. Issue debentures
B. Issue of shares
C. Invest the fund
D. Make loans
Answer» D. Make loans
252.

_________ are subordinate to and controlled by the memorandum.

A. Articles of Association
B. Prospectus
C. Statement in law
D. All the above
Answer» A. Articles of Association
253.

A copy of special resolution has to be filed with the Registrar within ___ days.

A. 90 day
B. 30 days
C. 60 days
D. 120 days
Answer» B. 30 days
254.

A printed copy of the articles as altered shall be filed by the company with the Registrar within __________of order of approval from cential.

A. 3 month
B. 6 months
C. one month
D. 2 months
Answer» C. one month
255.

Sec __________ of the companies Act defines foreign company

A. 4 (4)
B. 3 (1) (i)
C. 3 (1) (ii)
D. 591
Answer» D. 591
256.

Sec 25 related to ________ companies

A. Holding
B. Licensed
C. Subsidiary
D. Existing
Answer» B. Licensed
257.

Holding company is defined in Section ______ of the companies Act.

A. 4(4)
B. 2 (2)
C. 3 (4)
D. 3(1)
Answer» A. 4(4)
258.

_________ is the first stage in the formation of a company.

A. Promotion
B. Raising of Capital
C. Incorporation
D. Commencement of business
Answer» A. Promotion
259.

The idea of carrying on a business is conceived by a person or by a group of persons called __________

A. Exploit
B. Promoters
C. Directors
D. None of these
Answer» B. Promoters
260.

A company is said to be incorporated when it is registered with registrar of the __________ company.

A. Licensing
B. Government
C. Existing
D. Joint stock
Answer» D. Joint stock
261.

When one company controls the management of another company, the former is called a __________ company.

A. Existing
B. Holding
C. Subsidiary
D. Licensed
Answer» C. Subsidiary
262.

_________ is issued by any financial constitution or bank for one or more of issues of securities or class of securities specified in the prospectus.

A. A bridged Prospectu
B. Shelf Prospectus
C. Deemed Prospectus
D. Red Herring prospectus
Answer» B. Shelf Prospectus
263.

The other name of indoor management is called _________

A. Golden rule
B. Constructive notice
C. Indoor rule
D. Tarquand rule
Answer» D. Tarquand rule
264.

A Company may change its name by passing ______ with the approval of central govt.

A. Special resolution
B. Ordinary resolution
C. Both a & b
D. None of the above
Answer» A. Special resolution
265.

The company shall give notice of alteration to the Registrar within ________of passing the resolution.

A. 3 month
B. 6 months
C. 30 days
D. 60 days
Answer» C. 30 days
266.

_________ consists of a series of regulations framed by the legislature for the conduct of the affair of company.

A. Table B
B. Table A
C. Table C
D. Table D
Answer» B. Table A
267.

If a public company limited by shares does not register its own articles ________apply automatically to a company.

A. Table C
B. Table B
C. Table A
D. Table D
Answer» C. Table A
268.

Prospectus must therefore make full and honest declaration of materials facts without concealing or omitting any relevant fact. This is known as ________

A. Twiquant rule
B. Golden rule
C. General rule
D. Special rule
Answer» B. Golden rule
269.

A public company may issue a prospectus called _________

A. Red herring prospectu
B. Shelf prospectus
C. A bridged prospectus
D. Deemed prospectus
Answer» A. Red herring prospectu
270.

The statement in lieu of prospectus is drafted in accordance with the particulars set in part I of the ____________the Act.

A. Schedule I
B. Schedule IV
C. Schedule III
D. Schedule II
Answer» D. Schedule II
271.

Golden rule was laid down by________________

A. KINDERSELY VC in New Brun Wick Co. V Maggeride
B. Edington V Fitzmaurice
C. Treeman V Buckhcats
D. Royal British Bank V Turquand
Answer» A. KINDERSELY VC in New Brun Wick Co. V Maggeride
272.

______________ is a shorter version of the prospectus and contains all the salient features of a prospectus that forms a part of the memorandum.

A. Deemed Prospectu
B. Abridged prospectus
C. Red herring prospectus
D. Shelf prospectus
Answer» B. Abridged prospectus
273.

__________ Acts as the official signature of the company.

A. Registration
B. Special resolution
C. legal entity
D. common seal
Answer» D. common seal
274.

The association that are not registered under Sec. 11 of the companies Act is _____________

A. Incorporated Association
B. Illegal Association
C. Non licenses Association
D. Unregistered Association
Answer» B. Illegal Association
275.

___________ is a person who has singed company's memorandum of association.

A. Individual
B. Corporate body
C. Member
D. Legal person
Answer» C. Member
276.

_____________ is a person who holds the shares for the benefit persons.

A. Trustee
B. Member
C. Shareholder
D. Company
Answer» A. Trustee
277.

The right given to a particular class of shareholders are called the _____________

A. Special right
B. General rights
C. Class right
D. None of the above
Answer» C. Class right
278.

The power to order rectification of register of members vests in the _________

A. Court
B. Tribunal
C. Central Government
D. Board of Directors
Answer» B. Tribunal
279.

On which of the following dates the Companies Act, 1956 come into force?

A. 31st March 1956
B. 1st April 1956
C. 31st March 1957
D. 1st April 1957
Answer» B. 1st April 1956
280.

The history of the Indian Company Law began in the year of

A. 1850
B. 1908
C. 1913
D. 1956
Answer» A. 1850
281.

The privilege of limited liability was introduced in the Indian Company Law, in the year of

A. 1850
B. 1857
C. 1927
D. 1956
Answer» B. 1857
282.

Statutory companies are also known as _______

A. State legislative
B. Govt. company
C. Corporation
D. None of the above
Answer» C. Corporation
283.

The auditor of government company is appointed by the ___________of India.

A. High Court
B. Supreme Court
C. State legislative
D. Controller and Auditor General
Answer» D. Controller and Auditor General
284.

A statutory company is one which incorporated by

A. An Act of Parliament
B. By an Act of State legislative
C. Under the companies Act, 1956
D. By either (a) of (b)
Answer» D. By either (a) of (b)
285.

In case of a company limited by guarantee, the liability of the members can be enforced

A. only at the time of winding up of the company
B. at any time when the company so decide
C. only by an order of court
D. only by an order of Registrar of Companies.
Answer» A. only at the time of winding up of the company
286.

__________ is compulsory for unlimited companies, private companies, companies limited by guarantee.

A. Memorandum of Association
B. Articles of Association
C. Prospectus
D. Statement in lieu
Answer» B. Articles of Association
287.

__________ describes the scope of company activities

A. Memorandum of Association
B. Prospectus
C. Articles of Association
D. Documents
Answer» A. Memorandum of Association
288.

The first important document to be filed with the Registrar is ______-

A. Articles of Association
B. Prospectus
C. Memorandum of Association
D. None of the above
Answer» C. Memorandum of Association
289.

If the company's Act go beyond the provisions of the memorandum, its act will be _______

A. Constructive notice
B. Circular
C. Ultra vires
D. None of the above
Answer» C. Ultra vires
290.

___________ is the construction of a company

A. Promotion
B. Certificate of incorporation
C. Memorandum
D. Documents
Answer» C. Memorandum
291.

_______ of schedule 1 of the Companies Act, which gives the specimen of memorandum of a company limited by shares.

A. Table B
B. Table A
C. Table D
D. Table E
Answer» A. Table B
292.

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

A. Special resolution
B. Ordinary resolution
C. Both A and B
D. None of the above
Answer» C. Both A and B
293.

_________ contain the rules and regulations of the company.

A. Prospectu
B. Statement in lieu
C. Articles of Association
D. Memorandum of Association
Answer» C. Articles of Association
294.

__________ signed by the required number of persons which are necessary for the formation of company.

A. Memorandum of Association
B. Prospectus
C. Statement in lieu
D. None of the above
Answer» B. Prospectus
295.

A public company having a share capital, becomes entitled to commence business only after obtaining a further certificate known as a _________

A. Company formation
B. Certificate of incorporation
C. Provisional contracts
D. Certificate of commence business
Answer» D. Certificate of commence business
296.

If at the time of registration, a company limited by shares does note file articles of association with the Registrar, then

A. The company deemed to have adopted Table A
B. The company cannot be registered without this document.
C. The company is deemed to have become a company with unlimited liability
D. None of the above.
Answer» A. The company deemed to have adopted Table A
297.

The annual return should be filed by a company with the Registrar within _______ days from the date of the annual general meeting of the company.

A. 40
B. 60
C. 30
D. 50
Answer» B. 60
298.

Every share holder of a company is also known as _____

A. Member
B. Partner
C. Director
D. All of the above
Answer» A. Member
299.

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

A. SEBI
B. High court
C. RBI
D. Supreme Court
Answer» C. RBI
300.

Registered office clause of memorandum of association contain ___

A. The complete postal address
B. The name of Registrar of companies
C. The name of the city/town only and not that of the state
D. The name of the state in which registered office of the company is to situate.
Answer» D. The name of the state in which registered office of the company is to situate.
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