Corporate Prep Test

Complete Online Test Preparation Portal for all Account Compliances

Corporate Prep Test

Complete CPT Preparation Portal

This practice test focuses on issue of shares, allotment, calls, forfeiture, transfer, and related capital provisions under company law.

Equity Share & Share Capital- Practice Test 1

1 / 50

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

2 / 50

_______ means the total amount of called up share capital which is actually paid to the company by the members.

3 / 50

________ share capital has priority both in repayment of dividend as well as capital.

4 / 50

Par value of shares means the _______ value of the shares.

5 / 50

The shares of a _________ company can be freely transferable.

6 / 50

Investment in which of the following is most risky?

7 / 50

Share premium received by issuing shares can be used for ___________.

8 / 50

A share certificate is required to be signed by_____________

9 / 50

Shares can be issued ____________.

10 / 50

The dividend on preference capital is paid _____________

11 / 50

Share capital of a company means ______________.

12 / 50

The liability of a shareholder in a company limited by shares is ____________.

13 / 50

The share capital of a company may be reduced by __________.

14 / 50

Transfer of share in the company is ______

15 / 50

The stakeholders relationship committee shall meet

16 / 50

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

17 / 50

The financial results submitted to the stock exchange shall NOT be signed by

18 / 50

The listed entity shall give notice in advance of ____ (excluding the date of intimation and the record date) to stock exchange(s) of record date specifying the purpose of the record date

19 / 50

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

20 / 50

The quarterly financial results submitted to the stock exchange(s) shall be approved by

21 / 50

In stakeholders relationship committee, _____, with at least one being an independent director, shall be members of the committee

22 / 50

The approval of shareholders by special resolution shall be obtained every year, in which the annual remuneration payable to a single non-executive director ____ of the total annual remuneration payable to all non-executive directors, giving details of the remuneration thereof

23 / 50

The listed entity shall prepare and submit un-audited or audited financial results on a half-yearly basis in the format as specified by the Board _______ from the end of the half year in the recognised stock exchange(s)

24 / 50

For transmission or transposition of securities, requests for effecting transfer of securities shall be processed only if the securities are

25 / 50

The amount payable as dividend which _____ the payable-at-par warrant or cheques shall be sent by speed post

26 / 50

The compliance with the corporate governance provisions shall not apply, in respect of the listed entity having paid up equity share capital not exceeding INR 10 crores and net worth not exceeding _____ as on the previous financial year

27 / 50

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

28 / 50

The listed entity shall file with the stock exchange the Indian Depository Receipt holding pattern on a quarterly basis _____ of end of the quarter in the format specified by the Board

29 / 50

The listed entity shall recommend or declare all dividend and/ or cash bonuses ______ (excluding the date of intimation and the record date) before the record date fixed for the purpose

30 / 50

The listed entity shall submit annual audited standalone financial results to the stock exchange(s) for the financial year, _______ from the end of the financial year

31 / 50

In the case of in-house share transfer facility, as and when the total number of holders of securities of the listed entity ______ the listed entity shall either register with the Board as a Category II share transfer agent or appoint Registrar to an issue and share transfer agent registered with the Board

32 / 50

The listed entity shall file the reports, statements, documents, fillings and any other information with the recognised stock exchange(s) ____ as specified by the Board or the recognised stoke exchange(s)

33 / 50

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.

34 / 50

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.

35 / 50

The listed entity shall file with the recognised stock exchange(s) on a quarterly basis, ________, a statement giving the number of investors, complaints pending at the beginning of the quarter, those received during the quarter. Disposed of during the quarter and those remaining unresolved at the end of the quarter.

36 / 50

Every listed entity and its material unlisted subsidiary incorporated in India shall undertake secretarial audit and shall annex with its annual report, a secretarial audit report given by _____ in such form as may be specified with effect from the year ended March 31st

37 / 50

The listed entity shall submit to the stock exchange a statement showing holding of securities and shareholding pattern separately for each class of securities, within 10 days of any capital restructuring of the listed entity resulting in a change _______ of the total paid up share capital.

38 / 50

The listed entity shall be allowed to change its name subject to compliance of

39 / 50

The top _____ based on market capitalization (calculated as on March, 31st of every financial year) shall formulate a dividend distribution policy which shall be disclosed in their annual reports and on their websites.

40 / 50

The listed entity is NOT required to intimate the record date to all the stock exchange(s) where it is listed

41 / 50

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

42 / 50

SEBI (LODR) regulations are NOT applicable to

43 / 50

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

44 / 50

The listed entity shall submit a quarterly compliance report on corporate governance to the recognised stock exchange(s) ____ from end of each quarter

45 / 50

Every rating obtained by the listed entity with respect to securitised debt instruments shall be periodically reviewed, ____, by a credit rating agency registered by the Board

46 / 50

The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding partner separately for each class of securities, on a quarterly basis, _____ from the end of each quarter

47 / 50

The quorum for every meeting of the board of directors of the top 1000 listed entities with effect from April 1, 2019 and of the top 2000 listed entities with effect from April 1, 2020 shall be one-third of its total strength or _____.whichever is higher, including at least one independent director

48 / 50

A listed entity shall appoint ______ as the compliance officer

49 / 50

The board of directors of the top 1000 listed entities (with effect from April 1 , 2019) and the top 2000 listed entities (with effect from April1, 2020)shall comprise of

50 / 50

The board of directors of a company shall have an optimum combination of executive and non-executive directors with ______ and not less than fifty per cent of the board of directors shall comprise of non-executive directors

Your score is

The average score is 0%

← Back to Equity Share & Share Capital Tests