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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
What Is Chartered Company? |
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Answer» A COMPANY which is FORMED by the ROYAL ORDER is called chartered company. A company which is formed by the royal order is called chartered company. |
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| 52. |
What Is Subsidiary Company? |
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Answer» A company whose more than 50% shares are in the HAND of any other company is CALLED Subsidiary company. A company whose more than 50% shares are in the hand of any other company is called Subsidiary company. |
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| 53. |
What Is Holding Company? |
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Answer» A COMPANY which has more than 50% shares of ANOTHER company is CALLED HOLDING company. A company which has more than 50% shares of another company is called holding company. |
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| 54. |
What Is Statutory Company? |
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Answer» The COMPANY which has more than 50% shares of ANOTHER company is called holding company. The company which has more than 50% shares of another company is called holding company. |
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| 55. |
What Do You Know About Preliminary Expenses? |
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Answer» EXPENSES which are incurred by the promoters in the PROCESS of formation of a COMPANY are called preliminary expenses. Expenses which are incurred by the promoters in the process of formation of a company are called preliminary expenses. |
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| 56. |
What Is The Major Difference Between The Memorandum Of Association And The Articles Of Association? |
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Answer» MEMORANDUM of Association is a primary document and ARTICLES of Association is a SUBSIDIARY document. Memorandum of Association is a primary document and Articles of Association is a subsidiary document. |
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| 57. |
What Is Incorporation Certificate? |
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Answer» A certificate ISSUED by a registrar of a company after registering the company according to company ORDINANCE 1984 to promoters of company is CALLED INCORPORATION Certificate. A certificate issued by a registrar of a company after registering the company according to company ordinance 1984 to promoters of company is called Incorporation Certificate. |
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| 58. |
What Is Incorporation? |
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Answer» To REGISTER company with the register of company by promoters according to company ORDINANCE 1984 is CALLED INCORPORATION. To register company with the register of company by promoters according to company ordinance 1984 is called Incorporation. |
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| 59. |
What Do You Know About Promoters? |
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Answer» The PERSONS who undertake to form a company with reference to given objects and SET its going and takes the necessary STEPS to accomplish these PURPOSES are CALLED promoters. The persons who undertake to form a company with reference to given objects and set its going and takes the necessary steps to accomplish these purposes are called promoters. |
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| 60. |
Define Articles Of Association? |
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Answer» Rules and regulations subordinate to MEMORANDUM of association which DEALS with the internal MANAGEMENT of company is CALLED Articles of Association. Rules and regulations subordinate to memorandum of association which deals with the internal management of company is called Articles of Association. |
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| 61. |
Define Memorandum Of Association? |
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Answer» A document which set out the constitution of the COMPANY and as such the foundation upon which the STRUCTURE of the company is based is CALLED MEMORANDUM Association. A document which set out the constitution of the company and as such the foundation upon which the structure of the company is based is called memorandum Association. |
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| 62. |
How Many Are The Types Of Public Limited Company? |
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| 63. |
Write Any Three Kinds Of Company According To Ownership? |
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| 64. |
Classify Company With Respect To Liability? |
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| 65. |
Classify The Company According To Incorporation? |
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| 66. |
Give Any Three Disadvantages Of Joint Stock Company? |
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| 67. |
Give Any Three Advantages Of Joint Stock Company? |
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| 68. |
Give Any Three Characteristics Of A Company? |
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| 69. |
Is There Any Restriction On Maximum Number Of Share Holders In Public Limited Company? |
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Answer» There is no LIMIT on maximum number of share HOLDERS in PUBLIC LIMITED company. There is no limit on maximum number of share holders in Public limited company. |
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| 70. |
Can Share Holders Transfer Their Shares Of Joint Stock Company? |
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Answer» Yes, they can TRANSFER their SHARES THOUGH stock exchange. Yes, they can transfer their shares though stock exchange. |
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| 71. |
What Is The Liability Of Share Holders In Joint Stock Company? |
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Answer» liability fo share holders in JOINT stock company is limited upto the VALUE of shares PURCHASED. liability fo share holders in Joint stock company is limited upto the value of shares purchased. |
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| 72. |
Under Which Ordinance Company Is Formed? |
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Answer» JOINT STOCK COMPANY is formed under the companies ordinance 1984. Joint stock company is formed under the companies ordinance 1984. |
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| 73. |
What Do You Mean By Common Seal Of A Joint Stock Company? |
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Answer» A company lives its own name but it cannot SIGN its DOCUMENTS LIKE natural person so a seal with the name of company is used instead of SIGNATURES. A company lives its own name but it cannot sign its documents like natural person so a seal with the name of company is used instead of signatures. |
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| 74. |
What Is A Joint Stock Company? |
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Answer» A COMPANY is an artificial PERSON created by LAW having SEPARATE legal ENTITY with a permanent existence and common seal. A company is an artificial person created by law having separate legal entity with a permanent existence and common seal. |
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