Corporate Prep Test

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Corporate Prep Test

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This practice test covers key provisions related to the appointment, duties, powers, and liabilities of Directors.

Directors – Revision Test

1 / 45

Where a company has three directors, the maximum remuneration payable to all of them is _____% of the annual net profit.

2 / 45

The total managerial remuneration to the Directors and the Manager in respect of any financial year must not exceed __________ percent of the net profit.

3 / 45

A Directors election takes place in a general meeting through a separated resolution passed by a _______ majority.

4 / 45

A public company must have at least _____ directors whereas a private company must have at least ____ directors.

5 / 45

Minimum number of Directors in case of a public company is _________

6 / 45

A small shareholder’s director shall not be liable to retire by rotation:

7 / 45

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:

8 / 45

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.

9 / 45

There should be at least one woman Director.

10 / 45

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.

11 / 45

CG shall deactivate DIN if director does not intimate his particulars in -

12 / 45

Individual who has been allotted a DIN as on 31st March, 2018 shall submit or before __________

13 / 45

KMP may be a director of any company with permission of:

14 / 45

Which of the following is not a disqualification for a director u/s 165?

15 / 45

For increasing the number of directors of more than 15 -

16 / 45

Which of the following type of company requires only one director?

17 / 45

A person cannot hold office of a director simultaneously in more than :

18 / 45

The first director of a public company is appointed by the:

19 / 45

Under Section 149 of the Companies Act, 2013, every company shall have how many woman directors?

20 / 45

Any person who desires to get his name included in the data bank of independent directors shall make an application to the agency in________

21 / 45

A person cannot hold directorship in more than ________ public companies.

22 / 45

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.

23 / 45

What is the maximum number of public companies in which a person can be appointed as a director?

24 / 45

What is the maximum number of directorship that a person can hold?

25 / 45

Every public company has to appoint at least one woman director if it has paid-up share capital greater than _____ or turnover more than ______.

26 / 45

An independent director cannot hold office for more than____ consecutive terms

27 / 45

Every listed public company shall have at least _____ of the total number of directors as independent directors.

28 / 45

What is the maximum number of directors that a company can have as per provisions of Companies Act. 2013?

29 / 45

What is the minimum number of directors that one person companies should have as per provisions of Companies Act, 2013?

30 / 45

What is the minimum number of directors that a private company should have as per provisions of Companies Act, 2013?

31 / 45

What is the minimum number of directors that a public company should have as per provision of Companies Act, 2013?

32 / 45

Within how many days the Company should intimate the appointment/resignation of the director to the Register of Companies?

33 / 45

A person shall not be eligible for appointment as a director of a company, if:

34 / 45

Which of the following companies may appoint a director elected by small shareholders?

35 / 45

Any person who desires to get his name included in the data bank of independent directors shall make an application to the agency in________

36 / 45

The application for obtaining DIN (Director Identification Number) should be filed in ___________.

37 / 45

A person proposed to be appointed as a director in a Company should obtain __________ before his appointment.

38 / 45

A director appointed by the Board ________________ shall hold office only up to the term of the director in whose place he is appointed.

39 / 45

What is meant by a nominee director?

40 / 45

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 ________________

41 / 45

Which form may be filled by the resigning director for intimating his resignation to the Registrar of Companies?

42 / 45

Any person who desires to get his name included in the data bank of independent directors shall make an application to the agency in________

43 / 45

Which of the following is not a duty of directors?

44 / 45

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 __________

45 / 45

The persons who are in charge of the management of the affairs of a company are termed as ______________

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