11th Grade > Business Studies
FORMATION OF A COMPANY MCQs
Total Questions : 30
| Page 2 of 3 pages
Answer: Option A. ->
Under-subscription
:
A
:
A
A situation where fewer shares have to be sold than offered is called under-subscription.
Answer: Option A. ->
90%
:
A
:
A
As per the rule laid down by SEBI, a minimum of 90% of the total shares offered needs by the company has to be subscribed.
Answer: Option B. ->
Yes, it is possible
:
B
:
B
Yes, it is possible for shareholders to sell all their shares to other shareholders.
Answer: Option A. ->
Return of excess money
:
A
:
A
When there is an excess of shares the rest of the money is returned to the shareholder.
Answer: Option A. ->
Feasibility report
:
A
:
A
Feasibility is a management-oriented study. Therefore it helps to examine the problem in the context of broader business strategy.
Answer: Option A. ->
MOA
:
A
:
A
MOA is known as the charter of the company.
Answer: Option A. ->
MOA
:
:
The Registrar of Companies manages the Companies Act.
Answer: Option A. ->
Registrar of Companies
:
A
:
A
After the agreement is stated to commence a small scale business, the agreement is sent to the Registrar of Companies for approval.
Answer: Option D. ->
2-3-1
:
D
:
D
The correct sequence of the functions of a promoter is:
Identification of business opportunity - Feasibility studies - Name Approval
Answer: Option C. ->
Financial Feasibility
:
C
:
C
Simran was conducting a financial feasibility study when she came to understand the lack of necessary funds to start her business.
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