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The Companies Act, 2013 - MCQ On Business Law With Answers - GST Guntur PDF
The Companies Act, 2013 - MCQ On Business Law With Answers - GST Guntur PDF
GST Guntur
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Students should practice The Companies Act, 2013 – CA Foundation Business Law MCQ Questions with Answers based on the latest syllabus.
The Companies Act, 2013 – Business Law MCQ Questions with Answers
1. In which case the principle of corporate veil was ignored by the courts:
(a) Determination of character of the company
(b) For protection of revenue of the Government
(c) For prevention of fraud or improper conduct
(d) All of these
Answer:
(d) All of these
2. A company is incorporated in India, but all its members are the Americans. Such company is:
(a) An Indian company
(b) An American company
(c) An illegal association
(d) A government company
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Answer:
(a) An Indian company
5. Which of the following tables in Schedule I of the Act does not contain any prescribed form of Memorandum?
(a) F
(b) B
(c) E
(d) D
Answer:
(a) F
7. Under the Registered office clause, a company has to give the name of the:
(a) Town
(b) Village
(c) District
(d) State
Answer:
(d) State
9. The regulations contained in which of the following Tables are also called ‘articles’:
(a) A
(b) B
(c) C
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12. Which of the following documents contains bye- laws that govern the internal management of a company:
(a) Memorandum
(b) Articles
(c) Prospectus
(d) All of these
Answer:
(c) Prospectus
13. Registration of Articles of Association is compulsory for which of the following companies:
(a) Unlimited companies
(b) Companies limited by guarantee
(c) Private companies limited by shares
(d) All of these
Answer:
(d) All of these
14. Which of the following companies may or may not frame (register) their articles of association
(a) Unlimited companies
(b) Private companies limited by shares
(c) Companies limited by guarantee
(d) None, all has to have its own articles.
Answer:
(d) None, all has to have its own articles.
16. Which of the following is the necessary condition in case of the Articles of a company:
(a) Be printed
(b) Be divided into paragraphs numbered consecutively
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18. Under the doctrine or rule of ‘constructive notice’ which of the following persons are presumed to have read the Memorandum and the Articles:
(a) Members
(b) Directors
(c) Outsiders
(d) Officers of the company
Answer:
(c) Outsiders
19. The benefit of the Doctrine of Indoor Management is available only to the:
(a) Directors
(b) Shareholders
(c) Officers of the company
(d) Outsiders
Answer:
(d) Outsiders
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24. An outsider dealings with a company has a rights to assume that its internal management has no irregularity.
Answer:
1. False
2. True
3. False
4. False
5. False
6. False
7. False
8. True
9. False
10. True
11. True
12. True
13. True
14. True
15. False
16. False
17. True
18. True
19. False
20. False
21. True
22. True
23. True
24. True
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