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3000+ CPT MCQs to Turn Your Doubt into Confidence

An online question bank by N. L. Dash with 3000+ objective questions, designed to help CA, CS & CMA aspirants practice, revise, and master CPT concepts—anytime, anywhere. These tests are also beneficial for BCom, MCom, BBA, MBA, LLB & LLM Students. Also beneficial for Key Managerial Personnels, Existing Directors or Aspirants

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FREE QUIZZES-1

1 / 30

The nomination remuneration committee shall meet

1. At least once in three quarter year

2. At least once in a quarter

3. At least once in a year

4. At least once in a half year

2 / 30

The intimation required to be given to the stock exchanges for conducting of the board meeting for considering of financial results shall be given _____ excluding the date of the intimation and date of the meeting

1. At least 2 days in advance

2. At least 1 working days in advance

3. At least 2 working days in advance

4. At least 1 days in advance

3 / 30

The listed entity shall update any change in the contain of its website ______ from the date of such change in contain

1. Within 2 working days

2. Within 1 day

3. Within 2 days

4. Within 1 working days

4 / 30

Property of the company belongs to

1. Company

2. Share holders

3. Members

4. Promoters

5 / 30

In case of any change or appointment of a new share transfer agent the listed entity shall intimate such appointment, to the stock exchange(s) ____ of entering into the agreement

1. Within 10 days

2. Within 3 days

3. Within 15 days

4. Within 7 days

6 / 30

Were the chairperson of the Board of Directors is a non-executive Director, _______ shall comprise of independent directors.

1. At least two-third of the Board of Directors

2. At least one-fourth of the Board of Directors

3. At least one half of the Board of Directors

4. At least one-third of the Board of Directors

7 / 30

The listed entities other than top five hundred listed entities based on market capitalization _____ in their annual reports and on their websites.

1. Shall mandatorily disclose their dividend distribution policies

2. May disclose their dividend distribution policies on a voluntary basis

8 / 30

The listed entity shall give prior intimation to the stock exchange(s) _____ before at least 2 working days in advance about the Board Meeting

1. At least 3 working days

2. At least 7 working days

3. At least 2 working days

4. At least 5 working days

9 / 30

The Chairperson of the stakeholders relationship committee _____ at the annual general meetings to answer queries of the security holders

1. May be present

2. Shall be present

3. May not be present

4. Shall not be present

10 / 30

Which of the following is not an ownership security?

1. Equity shares

2. Debentures

3. Preference shares

4. None of the above

11 / 30

The listed entity shall formulate a vigil mechanism

1. For customer only to report genuine concerns

2. For directors only to report genuine concerns

3. For employees only to report genuine concerns

4. Only (B) and (C) are correct

12 / 30

The Board of directors of the top 500 listed entities shall have ____ by April 1, 2019

1. One woman director

2. At least one independent woman director

3. One independent woman director

4. At least one woman director

13 / 30

The company needs to obtain prior permission from central Government when it changes the address of its registered office from __________

1. One city to another city

2. Within the same city

3. One state to another

4. One country to another country

14 / 30

The limited review or audit reports submitted to the stock exchange(s) on a quarterly or annual basis are to be given only by an auditor.

1. Who has subjected himself to the pre-review process of institute of Chartered Accountants of India.

2. Who had been the Central Council Member of the Institute of Chartered Accountant of India

3. Who have been the past president of Institute of Chartered Accountant of India

4. None of the above

15 / 30

The chairperson of the audit committee shall be _____ and he shall be present at Annual general meeting to answer shareholder queries

1. A nominee director

2. An executive director

3. An alternate director

4. An independent director

16 / 30

All members of audit committee shall be financially literate and ____ shall have accounting or related financial management expertise

1. At least 3 members

2. At least 1 member

3. At least 2 members

4. At least 4 members

17 / 30

The listed entities shall submit a certificate to the stock exchange _______ of the interest or principal or both becoming due that it has made timely payment of interest or principal obligation or both in respect of non-convertible debt securities.

1. Within 4 working days

2. Within 2 working days

3. Within 3 working days

4. Within 4 working day

18 / 30

“independent director” means

1. Alternate director to the nominee director

2. A Nominee director

3. An executive director

4. A non-executive director, other than a nominee director of the listed entity

19 / 30

Under the Companies Act, which of the following powers can be exercised by the board of directors?

1. Power to sell any of the companies undertaking

2. Power to make call

3. Power to borrow money in excess of the paid up capital

4. Power to reappoint on auditor

20 / 30

The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, _____ of the listed entity resulting in a change exceeding two per cent of the total paid-up share capital

1. Within 15 days of any capital restructuring

2. Within 5 days of any capital restructuring

3. Within 20 days of any capital restructuring

4. Within 10 days of any capital restructuring

21 / 30

The Companies Act, 2013 has been notified in the official gazette on _______

1. 29th August, 2013

2. 25th August, 2013

3. 30th August, 2013

4. None of the above

22 / 30

No listed entity shall appoint a person or continue the directorship of any person as a non-executive director who has attained the age of

1. 70 years

2. 60 years

3. 75 years

4. 65 years

23 / 30

________ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account.

1. Called up capital

2. Subscribed capital

3. Nominal capital

4. Paid-up capital

24 / 30

The listed entity shall comply with the minimum public shareholding requirements as specified in

1. The Securities Contracts (Regulation) Rules, 1957

2. SEBI(LODR) Regulation 2015

3. SEBI(ICDR) Regulations, 2018

4. None of the above

25 / 30

The omnibus approvals shall be valid for a period _____ and shall require fresh approvals after the expiry of one year

1. Not exceeding 2 year

2. Not exceeding half year

3. Not exceeding 1 year

4. None of the above

26 / 30

The risk management committee shall meet

1. At least once in a period of three quarters

2. At least once in a quarter

3. At least once in a half year

4. At least twice in a year

27 / 30

SEBI (LODR) regulations are NOT applicable to

1. American depository receipts

2. Specified securities listed on main board or SME exchange or institutional trading platform

3. Indian depository receipts

4. Units issue by mutual funds

28 / 30

The stakeholders relationship committee shall meet

1. At least once in a period of three quarters

2. At least once in a quarter

3. At least once in a year

4. At least once in a half year

29 / 30

The Board of directors of the top 1000 listed entities shall have ______ by April 1, 2020

1. On independent woman director

2. One woman director

3. At least one independent woman director

4. At least one woman director

30 / 30

The annual report shall NOT contain

1. Funds Flow Statement

2. Director’s Report

3. Statement on Impact of Audit Qualifications

4. Management Discussions

Your score is

The average score is 9%

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Why Most CPT Aspirants Struggle – And How You Can Avoid It

You study hard, mark important lines and watch videos. Yet when the real CPT MCQs appear, your mind freezes or you run out of time. It’s not your intelligence. It’s your practice method.

The Real Problems

You Read, But MCQs Still Shock You

Concepts look easy in notes, but when twisted into MCQs, you feel confused and unsure of the correct option.
You Don’t Know Your Weak Areas

Without topic-wise MCQ practice, it’s hard to see which chapters are risky for you in the actual CPT paper.
Time Pressure Kills Your Accuracy

You know the chapter, but under a ticking clock, you misread options, mark in hurry, and lose easy marks.

How These Quizzes Help You

Face Exam-Style MCQs Before the Real Exam

Sets of 50 or 100 questions train your brain to recognize patterns and traps exactly like the CPT paper.
Spot Your Weak Chapters Clearly

By taking topic-wise sets, you’ll see which subjects need revision instead of guessing.
Build Speed with Controlled Pressure

Timed quizzes simulate the real environment so your mind stays calm and focused under pressure.

What Makes These Quiz Packs So Effective?

Every feature is designed to strengthen your CPT exam preparation.

3000+ Exam-Style MCQs

A vast collection covering every CPT subject, crafted to reflect real exam difficulty.

50 & 100 MCQ Packs

Pick the packs you want. Pay only for what you need. No subscriptions.

Instant Score & Answers

Get immediate feedback, understand mistakes, and correct concepts faster.

Timed & Untimed Tests

Simulate real exam conditions or practice comfortably at your own pace.

100% Mobile Friendly

Solve quizzes anytime, anywhere with a flawless mobile experience.

Unlimited Reattempts

Master every concept by solving each pack as many times as you want.

Try a Free Demo Quiz Before You Buy

Solve 10 sample MCQs and feel the accuracy, quality and exam-style formatting.

Meet Your Quiz Creator — N. L. Dash

Dear Visitor,

Welcome to Corporate Prep Test, your dedicated online portal for mastering corporate compliance, accounting standards, and exam-focused MCQ practice. Whether you’re preparing for professional certifications, corporate compliance roles, or simply seeking to strengthen your knowledge of company formation, share capital, debentures, filings and reports — you’ve arrived at the right place. Our structured “PART-1” modules, covering formation of companies, directors, equity shares, debentures, MOA/AOA and beyond, are designed to build your clarity, speed and confidence.

We believe in making complex topics approachable and actionable. That’s why each test, each quiz, and every section is crafted to mirror real-world requirements and exam-style challenges with accuracy and depth. From “Formation of Companies” through “Form Filing & Compliances” and “Reports & Statements” we’ve got you covered.

Your success is our mission. Dive into the quizzes, keep track of your progress, revisit weak areas and you’ll soon find yourself equipped to face compliance and corporate governance challenges with poise. If you have feedback or suggestions — we’re listening. Together let’s turn preparation into performance.

Thank you for choosing Corporate Prep Test. Stay curious, stay consistent — and let’s achieve excellence, together.

Warm regards,
Nandalal Das
Founder & Lead Educator, Corporate Prep Test
“ज्ञानं परम् बलम्” (Knowledge is supreme strength)

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100 Questions
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100 Questions
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100 Questions
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Unlimited Attempts

~~₹90~~ ₹49/One Time

100 Questions
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Instant Answers
Unlimited Attempts

~~₹90~~ ₹49/One Time

100 Questions
Topic-wise
Instant Answers
Unlimited Attempts

~~₹90~~ ₹49/One Time

100 Questions
Topic-wise
Instant Answers
Unlimited Attempts

Frequently Asked Questions

Do I have to buy all quizzes?

No, you can buy only the packs you want.

Can I attempt a purchased pack multiple times?

Yes, unlimited reattempts are allowed.

Is the access lifetime?

Access duration will be shown during purchase.

Are these questions exam-level?

Yes. Packs are designed to reflect CPT difficulty patterns.

Can I use this on mobile?

Absolutely. The platform is mobile-friendly.

CORPORATE PREPARATION TEST

Corporate Prep Test

3000+ CPT MCQs to Turn Your Doubt into Confidence

WELCOME TO FREE DEMO QUIZ

Why Most CPT Aspirants Struggle – And How You Can Avoid It

The Real Problems

You Read, But MCQs Still Shock You

You Don’t Know Your Weak Areas

Time Pressure Kills Your Accuracy

How These Quizzes Help You

Face Exam-Style MCQs Before the Real Exam

Spot Your Weak Chapters Clearly

Build Speed with Controlled Pressure

What Makes These Quiz Packs So Effective?

3000+ Exam-Style MCQs

50 & 100 MCQ Packs

Instant Score & Answers

Timed & Untimed Tests

100% Mobile Friendly

Unlimited Reattempts

Try a Free Demo Quiz Before You Buy

Meet Your Quiz Creator — N. L. Dash

What Our Students Say

Choose Your CPT Quiz Pack

Accounts-100 MCQ

Accounts-100 MCQ

Accounts-100 MCQ

Accounts-100 MCQ

Accounts-100 MCQ

Accounts-100 MCQ

Frequently Asked Questions

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