McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 1. |
The company must deliver share certificate within ___________ if the shares allotted by company. |
| A. | 2 months |
| B. | 3 months |
| C. | 4 months |
| D. | none of these |
| Answer» B. 3 months | |
| 2. |
The company must deliver share certificate within ___________ if the shares applied for transfer. |
| A. | 3 months |
| B. | 2 months |
| C. | 5 months |
| D. | none of these |
| Answer» B. 2 months | |
| 3. |
Share warrants can be issued with the prior approval of the _____________ |
| A. | Company law board |
| B. | Dept of company affairs |
| C. | Registrar |
| D. | None |
| Answer» C. Registrar | |
| 4. |
Stamp duty to be paid at the time of issue of share certificate is. |
| A. | Nominal |
| B. | High |
| C. | Very high |
| D. | None of these |
| Answer» A. Nominal | |
| 5. |
Stamp duty to be paid at the time of issue of share warrant. |
| A. | Nominal |
| B. | High |
| C. | Very high |
| D. | None of these |
| Answer» C. Very high | |
| 6. |
______ specifies the time limit with in which share certificate is to be delivered |
| A. | sec 110 |
| B. | sec 111 |
| C. | sec 112 |
| D. | sec 113 |
| Answer» D. sec 113 | |
| 7. |
__________ is a document showing title |
| A. | Share certificate |
| B. | Share warrant |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» C. Both (a) & (b) | |
| 8. |
A share certificate is required to be signed by ___________. |
| A. | managing director |
| B. | shareholders |
| C. | board of directors |
| D. | company secretary |
| Answer» D. company secretary | |
| 9. |
Which of the following can issue the share warrant |
| A. | Public |
| B. | Private |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» A. Public | |
| 10. |
_________ are attached to the share warrant |
| A. | Dividend coupon |
| B. | Warrant |
| C. | Certificates |
| D. | None of the above |
| Answer» A. Dividend coupon | |
| 11. |
C.G. approval is necessary in case of issue of __________ |
| A. | Share certificate |
| B. | Share warrant |
| C. | Both (a) & (b) |
| D. | None of the above |
| Answer» B. Share warrant | |
| 12. |
In case of __________ duplicate can be obtained if it lost |
| A. | Share warrant |
| B. | Share certificate |
| C. | Dividend coupon |
| D. | None of the above |
| Answer» B. Share certificate | |
| 13. |
Duplicate certificate obtained if original certificate lost in case of. |
| A. | Share Certificate |
| B. | Share warrant |
| C. | Dividend warrant |
| D. | None of these |
| Answer» A. Share Certificate | |
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