Complete Online Test Preparation Portal for all Account Compliances
B DIRECTORS
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Under the Companies Act, which of the following powers can be exercised by the board of directors?
2 / 345
The Board of directors of the top 500 listed entities shall have ____ by April 1, 2019
3 / 345
With effect from April 1, 2022, the top 500 listed entities shall ensure that the Chairperson of the board of such listed entity shall
4 / 345
“independent director” means
5 / 345
No person shall be appointed or continue as an alternate director for ____ of a listed entity with effect from October 1, 2018
6 / 345
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
7 / 345
The Board of directors of the top 1000 listed entities shall have ______ by April 1, 2020
8 / 345
Were the chairperson of the Board of Directors is a non-executive Director, _______ shall comprise of independent directors.
9 / 345
The quorum for a meeting of the nomination and remuneration committee shall be _________, including at least one independent director in attendance.
10 / 345
The board of directors shall meet _______, with a maximum time gap of one hundred and twenty days between any two meetings
11 / 345
The board of directors shall meet at least four times a year, with a maximum time gap of ______ between any two meetings
12 / 345
A person shall not be a director in more than ____ with effect from April1, 2020
13 / 345
What is the agenda in the Independent Director’s Meeting
14 / 345
A person shall not serve as an independent director in
15 / 345
On 1st of June, there was Audit Committee Meeting following by Meeting of Board of Director, Mr A is member of the Audit Committee and so of the Board. If the sitting fee payable is Rs. One Lakh, what amount should the company pay to Mr. A
16 / 345
The Board of Directors of top 1000 listed entities shall have at least one independent woman director by April 1, 2020
17 / 345
An Independent Director means
18 / 345
Application for allotment of DINs to the proposed first Directors in respect of new companies shall be made in
19 / 345
Every listed public company shall have _____ of the total number of directors as independent directors
20 / 345
A person shall not be a director in more than ____ listed entities with effect from April 1, 2020
21 / 345
For changes in DIN, the form to be filled is
22 / 345
Where the chairperson of the board of directors is a _____ at least one-third of the board of directors shall comprise of independent directors
23 / 345
No person shall be appointed as an ____ for an independent director unless he is qualified to be appointed as an independent director under the provisions of this Act
24 / 345
In how many companies, a person can be a director at the same time
25 / 345
Retirement of directors by rotation ______ applicable to appointment of independent directors
26 / 345
Public Companies having _____ of one hundred crore rupees or more, shall have at least two directors as Independent Directors
27 / 345
Who decide the quantum of sitting fee payable to the directors
28 / 345
Public Companies which have, in aggregate, outstanding loans, debentures and deposits, exceeding fifty crore rupees, shall have Independent Directors of
29 / 345
Which Institute is maintaining the data bank of the Independent Directors
30 / 345
An Independent Director is essentially
31 / 345
Sitting fee payable to a woman director shall be
32 / 345
The maximum number of public companies in which a person can be appointed as a director shall not exceed
33 / 345
The relative of any Independent Director may hold security in the company of face value of not exceeding ______ or 2% of the paid capital of the company or such higher amount as may be prescribed
34 / 345
An independent director shall hold office for a term ____ on the Board of a company
35 / 345
An independent director
36 / 345
Any person who intends to be appointment as director of an existing company shall make an application electronically in ____ to the Central Government for allotment of DIN
37 / 345
Independent Director is eligible for reappointment on passing of a _____ by the company and disclosure of such appointment in the Board’s report
38 / 345
Public Companies having paid up share capital of ten crore rupees or more, shall have Independent Directors of
39 / 345
Every independent director shall at the _______ in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in the circumstances which may affect his stairs as an independent director, give a declaration that he meets the criteria of independent as provided in section 149(6)
40 / 345
A person by qualification is a Chartered Accountant and is of the age of majority (i.e. of 18 years of age), want to be an Independent Director in a listed company. Can he be?
41 / 345
In a listed company, there are 13 directors. How many Independent Directors are required to be appointed?
42 / 345
DIR-3 can be signed by
43 / 345
A Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which ____ shall be an independent director
44 / 345
The appointment of independent director shall be approved by the company in
45 / 345
Every director of a company shall disclose to the company the number of such securities acquired or disclosed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in _____ or such other value as may be specified
46 / 345
Which among the following is NOT required to be placed before the Board of Directors of a listed entity
1.Transactions involving substantial payment towards goodwill
2.Significant labour problems
3.Appointment of Company Secretary
4.All of the above
5.None of the above
47 / 345
The performance evaluation Independent Director shall be done
48 / 345
Which among the following about small shareholders Director is correct
49 / 345
The provisions relating to the succession planning of board members is contained in
50 / 345
The number of Independent Directors required in a listed entity shall be at least ____ of the total number of directors
51 / 345
A person can hold the position of small shareholders director in ____ at the same time
52 / 345
No person shall be appointed as a director of a company unless he has been allotted the
53 / 345
Any intermittent vacancy of an Independent Director shall be filled-up by the Board at the earliest but
54 / 345
Resident director means the director who stays in India for total period of
55 / 345
A public company is having a paid up share of 25 crore rupees. How many Independent Directors, shall the company have
56 / 345
The maximum number of directors can be increased from fifteen by
57 / 345
Whole-time director means
58 / 345
A company shall, ______ of the appointment of a director, file the consent with the registrar in Form DIR-12 along with the fee as provided in the Companies (Registration Offices and Fees) Rules, 2014
59 / 345
Every company shall have a Board of Directors consisting of
60 / 345
61 / 345
The re-appointment of an Independent Director shall be on the basis of
62 / 345
Non-executive directors are
63 / 345
Which of the following is the function of the board
64 / 345
A public company is having a turnover of 125 crore rupees in the preceding audited financial year. How many Independent Directors, shall the company have
65 / 345
A listed company may, upon notice of not less than 1000 small shareholders or one-tenth of the total number of such shareholders, wherever is lower, have a small shareholders director elected by the small shareholder
66 / 345
A director nominated by any financial institution in pursuance of the provisions of any law for the time being in force, or of any agreement, or appointed by any government, or any other person to represent its interests, is called as
67 / 345
An unlisted public company is required to appoint at least one woman director in its board if
68 / 345
Board is the collective group of
69 / 345
When a Director shall be treated as interested in a contract or arrangement entered into or proposed to be entered into by the company with anybody corporate
70 / 345
Ramesh, who is a Director, received a notice for attending a meeting of Directors, to be held on 20th He could not attend the meeting due to personal reasons. Which of the following is correct
71 / 345
There are 12 Directors in a company. A resolution through circular was passed, but some of the Directors desired to put it for consideration at a Meeting of the Board. How many Directors are required to insist to put the matter before the Meeting of the Board
72 / 345
The revised version of SS-1 applies to meetings of the Board of Directors and its Committees, in respect of which Notices are issued
73 / 345
Whether meeting of Board of Directors and Committee Meetings can be convened on the same day
74 / 345
In case of a ______ Director shall be entitled to participate in the board meeting in respect of an item of business in which he is interested, after disclosure of his interest
75 / 345
The Attendance Register of Directors attending the meetings of the Board shall be preserved for
76 / 345
Not more than _____ days from the date of circulation of the draft of the resolution shall be given to the Director to respond
77 / 345
How attendance of a Director, who is attending the Meeting through electronic mode, shall be marked
78 / 345
Purvi, remained, as a woman director from 15.09.2020 to 31.12.2021. Now she is no more on the Board of the company. She asks the minutes of the Board Meeting. What shall be your answer
79 / 345
Directors participating through Electronic Mode in a Meeting
80 / 345
When a meeting of the board of directors can be convened
81 / 345
Notice for inviting to attend the meeting of the directors can be sent by
82 / 345
Whether all the directors can attend the meeting of the Board of Directors through video conferencing
83 / 345
If the number of Interested Directors exceeds or is equal to two-thirds of the total strength, the remaining Directors present at the Meeting, being not less than ____shall be the Quorum during such item
84 / 345
Who shall be Chairman of the meeting of Board of Directors
85 / 345
Who may summon a meeting of the Board
86 / 345
By which mode the notice for inviting to attend the meeting of the board can be sent
87 / 345
The office of a Director shall become vacant in case the Director absents himself from _____ with or without seeking leave of absence of the Board
88 / 345
What shall be the place of meeting of the board of directors
89 / 345
Where a company is required to appoint independent Directors under the Act, such Independent Directors shall meet
90 / 345
The Directors have derived proper systems to ensure compliance with the provisions of all applicable Secretarial Standards and that such systems are adequate and operating effectively. This statement should be mentioned by the Board of Directors in
91 / 345
Which director can summon a Meeting of the Board
92 / 345
If a director intends to participate in meeting of the board of director, through video conferencing
93 / 345
Who cannot make inspection of the minutes of the meetings of the Board of Directors
94 / 345
The meetings of the Board of Directors of a company shall be held at least four times in each Calendar Year with ______ between any two consecutive Meetings
95 / 345
A meeting of the board of Director marked number as 5/2020 has been adjourned. The number for the adjourned meeting will be
96 / 345
At which address of the director, the notice of the meeting and agenda papers be sent
97 / 345
A Resolution proposed to be passed by circulation shall be sent to all the Directors _______ interested Directors on the same day
98 / 345
How many meetings of Board of Directors in a year can be held through the video conferencing
99 / 345
A notice for convening a Board Meeting shall not specify
100 / 345
A director expressed his intention to attend the meeting through telephone only (and not through the video conferencing). Can be do so
101 / 345
Who cannot inspect the attendance register of Directors attending the Board Meetings
102 / 345
What type of need-based training can be provided to the directors of a bank
103 / 345
The training program for directors of a banking company may not cover the following topic
104 / 345
The board of directors shall encourage continuing directors training to ensure that the members of Board of Directors
105 / 345
Director’s Induction Training Module may contain
106 / 345
Continuing education and professional development programmers for company directors
107 / 345
The training program should be chalked out for
108 / 345
Directors must have knowledge about
109 / 345
The board should ensure that the directors are exposed to
110 / 345
Regulation 25(7) of SEBI (LODR) regulation, 2015 provides that the listed entity shall familiarise the _______ through various programmes about the listed entity
111 / 345
An effective board of directors is a board that has
112 / 345
The board have
113 / 345
An effective board
114 / 345
The prime duty of the board is to provide ____ whereas the duty of the management is to ____ the company
115 / 345
Approving policies and procedures designed to ensure that the company operates responsibly and in compliance with applicable laws and regulations, is the responsibility of
116 / 345
The Board is responsible for
117 / 345
Which ____________ committee shall include the formulation of criteria for evaluation of performance of independent directors and the Board of Directors.
118 / 345
Evaluation mechanism of __________ is contained in Schedule-IV.
119 / 345
How many DIN a person can have?
120 / 345
Any intermittent vacancy of a woman director shall be filled up by the Board at the earliest but
121 / 345
Contravention of any of the provisions of Chapter-XI (Appointment and qualification of Directors) and for which no specific punishment is provided therein, the officer, who is in default, shall be liable to a penalty of
122 / 345
A company may, _________ remove a director, before the expiry of the period of his office after giving him a reasonable opportunity of being heard.
123 / 345
Which among the following is eligible to be appointed as Director?
124 / 345
The office of a Director shall become vacant in case he absents himself from all the meetings of the Board of Directors held during a period of _______ with or without seeking leave of absence of the Board.
125 / 345
126 / 345
Any intermittent vacancy of a woman director shall be filled-up by the Board at the earliest but
127 / 345
An independent director may be selected from a data bank, which is being maintained by
128 / 345
An Independent director in relation to a company, means
129 / 345
An Independent director in relation to a company, means a director other than
130 / 345
Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days during the
131 / 345
Every company shall have _____ who stays in India for hundred and eighty-two days during the financial year
132 / 345
A company may appoint more than 15 directors
133 / 345
Who may become a member of Board of Directors
134 / 345
The Board of Directors of a company can exercise the following powers on behalf of the company
135 / 345
Whether the Board of Directors can delegate its powers
136 / 345
The Board of Director of any company can exercise any power or do any act or thing which is directed or required whether
137 / 345
A meeting of the Board shall be called by giving not less than ____ notice in writing to every director
138 / 345
In company’s record, the Mumbai address of a Director is registered. His permanent address is at Nashik. However, he actually resides in Pune, where his son is residing. Where the company shall send notice for meeting of the Board of Directors
139 / 345
The participation of directors in a meeting of the Board may be
140 / 345
Which company is not required to hold meeting of the Board of Directors
141 / 345
The minimum member of meeting of the Board of Directors shall be held by a company every year
142 / 345
A director of a company shall not achieve or attempt to achieve any undue gain or advantage either to himself or to his relatives, partners, or associates and if such director is found guilty of making any undue gain, he shall be liable to pay
143 / 345
The director of a company shall exercise his duties in the best interests of:
1. The shareholders
2. Its employees
3. The company
4. The Government
5. The promoters
6. The community
7. The protection of environment
Which among the above is correct
144 / 345
A director of a company shall not assign his office and any assignment so made shall be
145 / 345
A director of a company shall exercise his duties with due and reasonable care, skill and diligence and shall exercise
146 / 345
The director of company shall act in accordance with
147 / 345
If a director of a company contravenes the provisions of section 166 director shall be punishable with fine which shall not be less than one lakh rupees but which may extend to
148 / 345
Director may be personally liable in case of
149 / 345
A director is not expected
150 / 345
A director shall have right
151 / 345
152 / 345
Where the company wants to increase the remuneration payable to the Managing Director exceeding 5% of the net profit , it has to
153 / 345
The remuneration payable to other directors, who are neither Managing Director (MD) nor whole-time Director (WTD) shall
154 / 345
The total remuneration payable by a public company, to its directors in respect of any financial year shall ______ of that company for that financial year
155 / 345
Where an appointment of a Managing Director is not approved by the company at a General Meeting, any act done by him before such approval shall
156 / 345
Who among the following can be appointed as Managing Director
157 / 345
Where the company wants to increase the remuneration payable to the managing director exceeding 5% of the net profits, it has to
158 / 345
The remuneration payable to a Managing Director shall _____ of the net profit
159 / 345
The maximum amount of sitting fee which company may pay to Director for attending meetings of the Board or Committees.
160 / 345
Who among the following persons, shall not be eligible for appointment as a Managing Director of a company?
161 / 345
The sitting payable to women director and independent director shall be
162 / 345
What is the minimum age criteria for appointment of managing director
163 / 345
A company can appoint any person as its managing director for a term
164 / 345
What a company shall do, in order to keep an experienced talented person as its managing director, who has attained the age of 70 years
165 / 345
Independent directors are not required in which committee
166 / 345
Board committees are constituted by
167 / 345
The committee functions at the directions and authority of
168 / 345
Who is authorised to appoint Regional Director
169 / 345
Besides Directors ____ required to be evaluated an yearly basis as evaluation of performance of all public Companies are necessary in public interest.
170 / 345
The performance of an independent director can be evaluated by all members of the Board excluding____
171 / 345
Can a woman director of any Company be permitted to evaluate all members of the Board?
172 / 345
Most of the Directors of an Audit Committee are
173 / 345
Different Committees constituted by the Board of Directors act and function in terms of reference made to them by
174 / 345
An Independent Director should collect following information about the Board before joining
175 / 345
What one should understand as an Independent Director before joining the Board of a Company?
176 / 345
As an Independent Director what is to be verified?
177 / 345
Related party transaction means
178 / 345
Corporate governance implies
179 / 345
Role of Independent Directors is to
180 / 345
Conflict of interest indicate that
181 / 345
Is Audit Committee a Committee of the Board of Directors?
182 / 345
No alternate director can be allowed to continue or be appointed for an ______ of a listed Company with effect from 1st October, 2018.
183 / 345
Without attending meeting if an independent director does not object to the circulated proceedings on any controversial issue, and becomes a signatory can he be held liable?
184 / 345
If knowingly an independent director remains silent for non discussion of agenda in the Board meeting and becomes a signatory the proceeding, will be held liable?
185 / 345
When a Director resigns from Directorship, is he requested to report the Register of Companies?
186 / 345
One Woman Director on the Board of Directors of each and every public company and listed company in case
187 / 345
For a Director to hold minimum number of shares, if it is mandatory as per Articles of Association of the Company.
188 / 345
The First group of Directors of a public company are always appointed by the
189 / 345
The Board of Directors are the appointing authority in case of appointment of
190 / 345
Age limit of Directors in case of private company is _________
191 / 345
Age limit of Directors in case of public company is ______
192 / 345
Minimum number of Directors in case of private company is _______
193 / 345
Minimum number of Directors in case of a public company is __________
194 / 345
Where there is a non-executive chairman, at least ____of board should comprise of independent directors.
195 / 345
Audit committee shall act in accordance with the terms of reference to be specified by
196 / 345
The company agrees that the remuneration of non- executive directors shall be decided by
197 / 345
Executive Directors are those directors who
198 / 345
Remuneration Committee is made up of
199 / 345
The company agrees that the remuneration of non-executive directors shall be decided by
200 / 345
Mandatory requirements of the revised clause 49 of the listing agreement, requires that non- executive directors in the Board of Directors are not less than________ of the Board of Directors.
201 / 345
The Board of Directors can exercise the power to appoint directors in the case of
202 / 345
According to section 255 of the companies Act, the Directors must be appointed by the
203 / 345
Who may be appointed as a director of a company?
204 / 345
Under the companies Act, which one of the following powers can be exercised by the Board of Directors?
205 / 345
According to the companies Act, 1956 a Private limited company must have at least ______directors.
206 / 345
The first directors of a public company are appointed by the
207 / 345
The remuneration payable to a whole time director of the company should not exceed.
208 / 345
According to section 283 (1) (g) if a director absents himself from 3 consecutive board meetings or from all meetings consecutively for a period of 3 months without obtaining leave of absence.
209 / 345
When there is a deadlock between the directors
210 / 345
When the Directors have acted mala fide and are themselves the wrong doers, the only option left with the shareholders is
211 / 345
Under section 269, every public company and a private company which is a subsidiary of a public company must have a managing director or a whole time director if its paid-up share capital is
212 / 345
Except with the approval of the central Government, remuneration of a whole time director or a managing director shall not exceed _____of the net profits for one such director.
213 / 345
Where a director acts dishonestly to the interest of the company, he will be held liable for
214 / 345
Unless the articles provide for the retirement of all directors at every annual general meeting, at least _____of the total number of directors retire by rotation.
215 / 345
When a director does an act which is in excess of his powers and company suffers a loss ______is liable to make good the loss
216 / 345
The company shall send a duplicate copy of the contents of Register of directors to the registrar within ______of the appointment of the directors.
217 / 345
___________liability is imposed on the directors if they manipulate or falsify the accounts of the company.
218 / 345
_________may appoint additional directors from time to time if so authorized by articles.
219 / 345
A person cannot be a director of more than_________as per the Companies (Amendment) Act, 2000.
220 / 345
A meeting of the Board of Directors must be held at least once in.
221 / 345
____________is the proper authority to call annual general meeting.
222 / 345
To make the liability of directors unlimited a_________resolution is required.
223 / 345
Any Corporate Body/Association of Firm can be appointed as director of the company. This statement is:
224 / 345
Who of the following is the most important functionary of a company?__________
225 / 345
At the same time a person cannot hold office of a Director in more than _________
226 / 345
If the company failed to refund application money within 130 days from the date of issue of prospectus on non-receipt of minimum subscription who will be personally liable.
227 / 345
Minimum no. of Directors in case of private company is __________
228 / 345
X, is a director of X Company and X is also a director of Y Company this means X Co. and Y Co. both are same
229 / 345
Minimum no. of Directors in case of a public company is
230 / 345
Age limit of Directors in case of private company is
231 / 345
Any director of a company or any of its key managerial personnel shall be allowed to buy in the company, or in its holding, subsidiary or associate company:
232 / 345
Individual who has been allotted a DIN as on 31st March 2018 shall submission or before.............. .
233 / 345
KMP may be a director of any company with permission.
234 / 345
235 / 345
A person cannot act as Managing Director of more than _______company / companies at a time.
236 / 345
Where a company has three directors, the maximum remuneration payable to all of them is ________% of the annual net profit.
237 / 345
The total managerial remuneration to the directors and the manager in respect of any financial year must not exceed _________ percent of the net profit.
238 / 345
A directors election takes place in a general meeting through a separated Resolution passed by a _______ majority.
239 / 345
The ___________ constitute the top administrative organ of the company.
240 / 345
241 / 345
242 / 345
In case of a company going for public issue premium can be declared by BOD.
243 / 345
No need to appoint independent directors in case of private companies.
244 / 345
Directors act as agents to the company but not as its members.
245 / 345
Though a company has an artificial personality, it acts through human beings, who are called as directors.
246 / 345
A director or a managing director cannot be held personally liable for the payment of arrears of taxes or salaries of employees due by the company.
247 / 345
A director of a company can be the office bearer of the trade union of the workers of the same company.
248 / 345
______ in relation to a company means the collective body of the directors of the company.
249 / 345
Directors are ___________
250 / 345
Which statements are correct, answer using codes given below:
1. Directors are trustees of Company
2. Directors are members of Company
3. Directors are agents of Company
4. Directors are agents of shareholders
251 / 345
Which statements are correct?
Directors are -
Trustees of Company
Managers of Company
Agents of Company
Owners of Company
Codes
252 / 345
Where a Director acts dishonestly to the interest of the Company, he will be held liable for _________
253 / 345
Which one of the following documents is submitted by the Board of Directors at every AGM?
254 / 345
Audit committee shall act in accordance with the terms of reference to be specified by _______
255 / 345
________ committee suggests that the non-executive directors can play a crucial role in corporate Governance.
256 / 345
____ Director act during the absence of the original Director.
257 / 345
The appointment of every Director is to be made by an _____ at the general meeting.
258 / 345
When a Director voluntarily remains absent from the three consecutive meetings of the Board of Directors_______
259 / 345
Managing Director can be appointed for a maximum period of _______
260 / 345
_______ is a group of people who are acting on behalf of the Company.
261 / 345
Minimum number of Directors in private Company is ______
262 / 345
Minimum number of Directors in public Company is ________
263 / 345
A meeting of board of Directors shall be held at least ________
264 / 345
_________ is the executive authority of the Company.
265 / 345
A person cannot hold directorship of more than ______ Companies at a time.
266 / 345
The Directors may be held ________ liable on their failure to fulfil the formalities imposed upon them by the Act.
267 / 345
______ members of Directors need to retire every year.
1/4
1/3
268 / 345
Directors are ________ of the powers conferred on them and they must exercise those powers bonafide and for the benefit of the Company.
269 / 345
The Managing Directors hold the ________ shares of the Company.
270 / 345
An elected Director can be terminated by the __________
271 / 345
The office of a Director becomes vacant if he fails to obtain h is qualification shares within ____________
272 / 345
________ is the supreme policy framing and decision making organ of a Company.
273 / 345
A __________ may be defined as a person having control over the affairs, conduct and management of a Company.
274 / 345
The Board of Directors delegate the power to _________
275 / 345
Company can restrict a Director from participating in a meeting through video conference, if he has not given intimation at the beginning of the year.
276 / 345
Any business which is required to be transacted at the meeting of the Board of Directors of a Company, it shall be sufficient if, in case of such OPC, the resolution by such Director is entered in the minute’s book.
277 / 345
In case of an OPC, if there is only one Director on the Board of Directors, the quarterly board meetings are not required to be held.
278 / 345
In case of a Section 8 Company, the Board of Directors of the Company shall hold at least one meeting within six calendar months.
279 / 345
All companies – whether private limited Companies or public Companies are required to hold at least four meetings of its Board of Directors in each quarter every year.
280 / 345
Once shareholders remove a director from the Board, the Board of Directors cannot reappoint him.
281 / 345
A special notice would not be required for passing resolution to remove a director.
282 / 345
Shareholders of the Company may, by passing an ordinary resolution in general meeting, remove a Director.
283 / 345
The Director shall not be liable for the acts / transactions occurred during his tenure even after his disassociation with the Company.
284 / 345
The Director shall be liable for the acts / transactions occurred during his tenure even after his disassociation with the Company.
285 / 345
Registration of a Director shall take effect from the date on which the notice is received by the Company or the date specified in the notice whichever is earlier.
286 / 345
An individual holding a valid DIN and not qualified from being appointed as Director under section 164 of the Companies Act, 2013, is not eligible to be appointed as Director.
287 / 345
An individual should hold a DIN before being appointed as a Director in any Company.
288 / 345
DIN is a unique identification number issued to an intending Director by the DIN cell of Ministry of Corporate Affairs.
289 / 345
Every buy back shall be completed within a period of on year from the date of passing of the special resolution.
290 / 345
The Board of Director is the proper authority to convene Annual General Meeting.
291 / 345
Only Board of Directors can convene an Extraordinary General Meeting.
292 / 345
In case of a public Company the minimum number of directors is five.
293 / 345
A director of a Company may be a person, a firm or a body corporate.
294 / 345
The maximum number of directors in a public as well as private Company is twenty.
295 / 345
Only one director can be appointed as a Managing Director.
296 / 345
Every private company must have minimum three directors.
297 / 345
Powers, rights, remuneration, qualification and duties of directors are discussed clearly in __________
298 / 345
Under the Indian Companies Act, 1958, a person can be a Director in _______
299 / 345
300 / 345
A person cannot act as Managing Director of more than ______ company / companies at a time.
301 / 345
Where a company has three directors, the maximum remuneration payable to all of them is _____% of the annual net profit.
302 / 345
The total managerial remuneration to the Directors and the Manager in respect of any financial year must not exceed __________ percent of the net profit.
303 / 345
A Directors election takes place in a general meeting through a separated resolution passed by a _______ majority.
304 / 345
A public company must have at least _____ directors whereas a private company must have at least ____ directors.
305 / 345
Minimum number of Directors in case of a public company is _________
306 / 345
A small shareholder’s director shall not be liable to retire by rotation:
307 / 345
Any Director of a company or any of its key managerial personnel shall be allowed to buy in the company, or in its holding, subsidiary or associate company:
308 / 345
Directors in respect of which winding up order is passed by Tribunal u/s 273(1) shall within ………… days of such order submit BOA of the company to such liquidator.
309 / 345
There should be at least one woman Director.
310 / 345
The Board of Directors of a company which consists of more than 100 at any time during a financial year shall constitute a Stakeholders Relationship Committee.
311 / 345
CG shall deactivate DIN if director does not intimate his particulars in -
312 / 345
Individual who has been allotted a DIN as on 31st March, 2018 shall submit or before __________
313 / 345
KMP may be a director of any company with permission of:
314 / 345
Which of the following is not a disqualification for a director u/s 165?
315 / 345
For increasing the number of directors of more than 15 -
316 / 345
Which of the following type of company requires only one director?
317 / 345
A person cannot hold office of a director simultaneously in more than :
318 / 345
The first director of a public company is appointed by the:
319 / 345
Under Section 149 of the Companies Act, 2013, every company shall have how many woman directors?
320 / 345
Any person who desires to get his name included in the data bank of independent directors shall make an application to the agency in________
321 / 345
A person cannot hold directorship in more than ________ public companies.
322 / 345
Every company should have at least one director who has stayed in India for a total period of not less than____ days in the previous calendar year.
323 / 345
What is the maximum number of public companies in which a person can be appointed as a director?
324 / 345
What is the maximum number of directorship that a person can hold?
325 / 345
Every public company has to appoint at least one woman director if it has paid-up share capital greater than _____ or turnover more than ______.
326 / 345
An independent director cannot hold office for more than____ consecutive terms
327 / 345
Every listed public company shall have at least _____ of the total number of directors as independent directors.
328 / 345
What is the maximum number of directors that a company can have as per provisions of Companies Act. 2013?
329 / 345
What is the minimum number of directors that one person companies should have as per provisions of Companies Act, 2013?
330 / 345
What is the minimum number of directors that a private company should have as per provisions of Companies Act, 2013?
331 / 345
What is the minimum number of directors that a public company should have as per provision of Companies Act, 2013?
332 / 345
Within how many days the Company should intimate the appointment/resignation of the director to the Register of Companies?
333 / 345
A person shall not be eligible for appointment as a director of a company, if:
334 / 345
Which of the following companies may appoint a director elected by small shareholders?
335 / 345
336 / 345
The application for obtaining DIN (Director Identification Number) should be filed in ___________.
337 / 345
A person proposed to be appointed as a director in a Company should obtain __________ before his appointment.
338 / 345
A director appointed by the Board ________________ shall hold office only up to the term of the director in whose place he is appointed.
339 / 345
What is meant by a nominee director?
340 / 345
The Directors who hold office only up to the date of next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier are termed as ________________
341 / 345
Which form may be filled by the resigning director for intimating his resignation to the Registrar of Companies?
342 / 345
343 / 345
Which of the following is not a duty of directors?
344 / 345
Every director shall disclose his concern or interest in any company or companies or body corporate (including shareholding interest), firms, or other association of individuals, by giving a notice in writing in __________
345 / 345
The persons who are in charge of the management of the affairs of a company are termed as ______________
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