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Final PN-13 Corporate and Economic Laws Quiz 4

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Created on By CA Sonal Saboo

CMA Final

Final Corporate and Economic Laws PN-13 Quiz 4

This quiz is based on the CMA Corporate and Economic Laws paper.
Each question is multiple-choice with 4 options, and only 1 option is correct.
Attempt the quiz to test your understanding of CMA CEL concepts.

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Category: Corporate and Economic Laws PN - 13

1. An entity in favour of whom security interest is created is called:

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Category: Corporate and Economic Laws PN - 13

2. The Code applies to:

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Category: Corporate and Economic Laws PN - 13

3. The Code applies to:

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Category: Corporate and Economic Laws PN - 13

4. The Insolvency and Bankruptcy Code passed by the Parliament in the year:

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Category: Corporate and Economic Laws PN - 13

5. The following members of a company shall have the right to apply under Section 241, for oppression namely:

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Category: Corporate and Economic Laws PN - 13

6. Shifting of register office from one state to another, would require

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Category: Corporate and Economic Laws PN - 13

7. Articles of association can be altered by:

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Category: Corporate and Economic Laws PN - 13

8. A sectorial company is supposed to comply with:

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Category: Corporate and Economic Laws PN - 13

9. Zenith Ltd. Is a company registered in USA and doing business in USA. As per Indian law, this is a:

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Category: Corporate and Economic Laws PN - 13

10. The Board Report is signed by:

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Category: Corporate and Economic Laws PN - 13

11. Accounting Standards are prescribed by:

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Category: Corporate and Economic Laws PN - 13

12. Books of accounts can be inspected by:

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Category: Corporate and Economic Laws PN - 13

13. Interim dividend is decided by:

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Category: Corporate and Economic Laws PN - 13

14. Rate of interest in deposit is guided by

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Category: Corporate and Economic Laws PN - 13

15. Companies shall not make investment through more than                 layer of investment companies

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Category: Corporate and Economic Laws PN - 13

16. Dividend Distribution Policy of a company is decided by:

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Category: Corporate and Economic Laws PN - 13

17. In case of merger of A ltd with B Ltd., A lTd is:

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Category: Corporate and Economic Laws PN - 13

18. Quorum of aboard meeting is                      total strength of the Board:

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Category: Corporate and Economic Laws PN - 13

19. Disclosure of interest by director is:

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Category: Corporate and Economic Laws PN - 13

20. Sitting fee of Board meetings and Board Committee meetings:

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Category: Corporate and Economic Laws PN - 13

21. A CFO of a company has to be a:

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Category: Corporate and Economic Laws PN - 13

22. Statutory auditor can also function as:

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Category: Corporate and Economic Laws PN - 13

23. Powers of the tribunal is listed in section:

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Category: Corporate and Economic Laws PN - 13

24. Application has to be made for relief of oppression to

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Category: Corporate and Economic Laws PN - 13

25. A case of oppression, application may be made on:

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