Question : The operational period of a company is affected by:
Option 1: retirement of its member
Option 2: marriage of its member
Option 3: unsoundness of its member
Option 4: None of these
Correct Answer: None of these
Solution : The tenure of a company is affected by the following circumstances: 1. Liquidation of a company, 2. Dissolution. Hence, the correct option is 4.
Question : Shareholders are :-
Option 1: Customer of the company
Option 2: Owners of the company
Option 3: Creditors of the company
Question : Which company prohibits any invitation or acceptance of deposits from a person other than its member, directors, or their relatives?
Option 1: Public Company
Option 2: Private Company
Option 3: Both 1 and 2
Option 4: None of the above
Question : Which of the following statements is true?
Option 1: A debenture is a document given by a company as evidence of a debt to the holder usually arising out of a loan
Option 2: Most commonly secured by a charge
Question : Who is also known as the Panchayat President?
Option 1: Ward member
Option 2: Sarpanch
Option 3: The Secretary of Gram Sabha
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