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This online test contains MCQs about following topics:
Kinds of company . Difference between public & private company . Formation of a company . Important doucments of company . Difference between memorandum & articles of company . Sources of company's capital . Kinds of company's capital
ICOM Part 1 Commerce Ch. 6 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"
Try The MCQ's Test For Chapter 6 "Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test
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Question # 1
A company formed according to the royal charter is
Question # 2
Which company can issue the shares to public
Question # 3
A company in which at least 51% shares are held by the govt. is called:
Question # 4
Business can started after getting certificate of incorporation:
Question # 5
The memorandum and articles of company are:
Question # 6
A public ltd. company is included in the list of:
Question # 7
In case of cumulative preference shares, the profit if not paid for one year is:
Question # 8
What has to be bought in order to become shareholders of a company
Question # 9
What has to be bought in order to become shareholder of a company:
Question # 10
The memorandum and articles of company are
Question # 11
The memorandum of company is prepared by
Question # 12
The most important document of a company is
Question # 13
The powers of directors and promoters are discussed in:
Question # 14
On which type of shares a company gives the profit on preferential basis:
Question # 15
Modarba company is formed under:
11th Principles of Commerce Chapter 6 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 6 Joint Stock Company (II) Test. Click the button for 100% free full practice test.
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ICom Part 1 Principle of Commerce (English Medium) Chapter 6 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | A company formed by the royal order is: |
A. Modarba company
B. Chartered company
C. Statutory company
D. Registered company
|
| 2 | The debentures holders of the company are its: |
A. Workers
B. Managers
C. Directors
D. Creditors
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| 3 | The memorandum and articles of company are |
A. Two names of the same document
B. Two different documents
C. They are not documents
D. Both have the same objective
|
| 4 | Which company can issue the shares to public: |
A. Chartered company
B. Public ltd. company
C. Private company
D. All the above
|
| 5 | Holding company is a company which has |
A. No shares of other company
B. Less than 50% shares of other company
C. More than 50% shares of other company
D. 50% shares of other company
|
| 6 | In case of cumulative preference shares, the profit if not paid for one year is: |
A. Expired
B. Not Expired
C. Included in company's capital
D. None of the above
|
| 7 | Modarba company is formed under: |
A. Modarba companies ordinance 1980
B. Modarba companies ordinance 1984
C. Modarba companies ordinance 1960
D. Modarba companies ordinance 1970
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| 8 | A public Ltd. company is included in the list of |
A. Business centre
B. Custom authorities
C. Stock exchange
D. Chamber of commerce
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| 9 | A company established by the order of parliament of president is called: |
A. Government company
B. Chartered company
C. Statutory company
D. None of these
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| 10 | Modarba company is formed under |
A. Modarba companies ordinance 1980
B. Modarba companies ordinance 1984
C. Modarba companies ordinance 1960
D. Modarba companies ordinance 1970
|
Test Questions
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