Commerce MCQ Questions and Answers
Quantitative Aptitude - Commerce MCQ Questions with Answers are essential for students preparing for commerce exams. Commerce MCQ Aptitude improves analytical skills and understanding of business mathematics, making it useful for CA, ICWA, and other commerce exams.
Commerce MCQ
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242 questions
171. The ‘Doctrine of Indoor Management’ provides protection to the-
- Board of Directors
- Shareholders
- Managing Director
- Outsiders
172. By which of the following methods a Company Secretary can be removed from his post ?
- By passing a resolution in Board Meeting
- By order of Registrar of Companies
- By passing a resolution in Annual General Meeting
- None of the above
173. Dividend paid between two Annual General Meetings is known as-
- Final dividend
- Interim dividend
- Special dividend
- None of the above
174. In a Private Company there are restrictions regarding-
- Transfer of shares
- Issue of prospectus
- Number of members
- All of the above
175. The gap between two General Meetings of the Company should not be more than-
- 12 months
- 18 months
- 15 months
- 20 months
176. Statement containing details of items to be considered in a meeting is called-
- Agenda
- Minutes
- Resolution
- Notice
177. The minimum and maximum number of members in a Private Company is-
- 2 and 50
- 2 and 20
- 2 and 10
- None of the above
178. What is the maximum limit of remuneration for a whole time manager in a company ?
- 3% of net annual profit
- 5% of net annual profit
- 7% of net annual profit
- None of the above
179. Which among the following documents defines the relationship between a company and outsiders ?
- Memorandum of Association
- Articles of Association
- Prospectus
- None of the above
180. Registration is not essential in case of a-
- Company
- Co-operative organisation
- Co-operative Societies
- Business of Joint Hindu Family