The Board of Directors of a joint stock company is elected by:
General public
Employees
Share holders
Managers
The partnership that dissolves automatically when the purpose for which it was formed is fulfilled.
General
Particular
Limited
None of these
In which state 'Dayabhag' system is applicable?
Uttar pradesh
Assam
Karnataka
West Bengal
A partnership organization is governed by the:
Indian Companies Act
Indian Partnership Act
Cooperative Societies Act
The Indian Contract Act
Which organisation has to wait for the receipt of 'Certificate of Commencement' before it can start a business?
Private company
Public company
Sole proprietorship
Partnership
A private company can start a business as soon as it receives the:
Certificate of Registration
Certificate of Incorporation
Certificate of Commencement
Certificate of Filing the Registration
The minimum number of directors in a private company is:
3
1
2
5
The minimum number of people needed to form a public company is:
7
4
The capital of a society can be raised through:
Issue of debentures
Issue of shares
Issue of bonds
In a cooperative society, the principle followed is:
Multiple vote
No vote
One man one vote
