Tamil Nadu (English Medium) Plus 2 Commerce Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
Which company is known as the King or Queen of a country?

(A) Chartered Company	(B) Statutory Company
(C) Registered Company	(D) Domestic Company

Question-2
What is the minimum paid up capital of Public Company?

(A) 25 lakhs	(B) 1 lakh
(C) 5 lakh	(D) 10 lakh

Question-3
In which Act partnership is governed:

(A) Act 1932	(B) Act 1956
(C) Act 1936	(D) Act 1952

Question-4
In which Act Joint Stock Company governed:

(A) Act 1950	(B) Act 1932
(C) Act 1956	(D) Act 1936

Question-5
Share holders lose their entire money. Such companies, known as

(A) Joint Stock Company	(B) Partnership firm
(C) Fly by Night Company	(D) Statutory Company

Question-6
Joint stock companies can be classified on the basis of :

(A) Incorporation	(B) Nature of Liability
(C) Ownership	(D) All the above

Question-7
The first stage in the formation of a company is:

(A) Incorporation	(B) Promotion
(C) Invention	(D) Presentation

Question-8 The minimum number of members in a private limited companies:

(A) Seven	(B)Two
(C)Three	(D)Four

Question-9
Which need not file with the registrar in a private company?

(A) Prospectus	(B) Statement in lieu of prospectus
(C) Both 1 and 2	(D) Only 2

Question-10 In a public company a director cannot hold office after he has attained the age of :

(A) 60 years	(B)65 years
(C)50 years	(D)55 years

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Plus 2 Commerce

Tamil Nadu (English Medium)

Practice in Related Chapters
Organisation
Sole Trader
Partnership
Joint Stock Companies -I
Joint Stock Companies II
Government in Business
Stock Exchange
Co-operatives