CAF-7 | Ch-5 | Share capital

CAF-7 Ch-5 Share capital

Time limit: 0

Quiz-summary

0 of 15 questions completed

Questions:

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15

Information

CAF-7 Company Law Quiz offered for the ICAP CA students.

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You have to finish following quiz, to start this quiz:

Results

0 of 15 questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 points, (0)

Average score
 
 
Your score
 
 

Categories

  1. Not categorized 0%
  2. CAF7 0%
maximum of 15 points
Pos. Name Entered on Points Result
Table is loading
No data available
Your result has been entered into leaderboard
Loading
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  1. Answered
  2. Review
  1. Question 1 of 15
    1. Question
    1 points
    Category: CAF7

    In a company limited by shares, the share capital represents capital introduced into the company by the company’s

    Correct

    Good

    Incorrect

    Try again

  2. Question 2 of 15
    2. Question
    1 points
    Category: CAF7

    Issuance of shares is the first step of offering shares by the company, then people or promoters pay for the shares this is termed as

    Correct

    Good

    Incorrect

    Try again

  3. Question 3 of 15
    3. Question
    1 points
    Category: CAF7

    The issued share capital is the nominal value of the shares that have been issued to shareholders. The issued share capital

    Correct

    Good

    Incorrect

    Try again

  4. Question 4 of 15
    4. Question
    1 points
    Category: CAF7

    In Pakistan, all companies limited by shares are required to have an authorized share capital and the amount of the authorized share capital can be increased but

    Correct

    Good

    Incorrect

    Try again

  5. Question 5 of 15
    5. Question
    1 points
    Category: CAF7

    When the shares are issued, the shareholders must

    Correct

    Good

    Incorrect

    Try again

  6. Question 6 of 15
    6. Question
    1 points
    Category: CAF7

    If the company goes into liquidation with unpaid debts, the shareholders will

    Correct

    Good

    Incorrect

    Try again

  7. Question 7 of 15
    7. Question
    1 points
    Category: CAF7

    Ordinary shares are also called

    Correct

    Good

    Incorrect

    Try again

  8. Question 8 of 15
    8. Question
    1 points
    Category: CAF7

    The ordinary shareholders are entitled to vote at general meetings of the company. Normally all ordinary shareholders have

    Correct

    Good

    Incorrect

    Try again

  9. Question 9 of 15
    9. Question
    1 points
    Category: CAF7

    A preference share normally carries as prior right (ahead of ordinary shares) to

    Correct

    Good

    Incorrect

    Try again

  10. Question 10 of 15
    10. Question
    1 points
    Category: CAF7

    What type of resolution is required to alter the capital clause of the memorandum of association

    Correct

    Good

    Incorrect

    Try again

  11. Question 11 of 15
    11. Question
    1 points
    Category: CAF7

    After the alteration in the capital clause of MOA, the company is required to file the resolution and the related documents i.e. altered copy of the MOA with the registrar within

    Correct

    Good

    Incorrect

    Try again

  12. Question 12 of 15
    12. Question
    1 points
    Category: CAF7

    If the variation affects the substantive rights of any particular class of shareholders, it shall not be deemed to have been carried out unless

    Correct

    Good

    Incorrect

    Try again

  13. Question 13 of 15
    13. Question
    1 points
    Category: CAF7

    Any member or members of the affected class representing at least 10 percent shareholding of that class may apply for an order against the resolution varying their rights. They will apply to

    Correct

    Good

    Incorrect

    Try again

  14. Question 14 of 15
    14. Question
    1 points
    Category: CAF7

    In case of variation in shareholders’ rights of a particular class of members, 10% or more of the class of shareholders who are aggrieved by the variation of their rights may apply to the court, for an order cancelling the variation within

    Correct

    Good

    Incorrect

    Try again

  15. Question 15 of 15
    15. Question
    1 points
    Category: CAF7

    In case of variation in shareholders’ rights of a particular class of members, the court may give its decision in favour or against the special resolution by the company. The company is required to forward a copy of the court decision to the registrar within

    Correct

    Good

    Incorrect

    Try again

Thanks for visiting our online MCQs webpage, we need your valued comments regarding the correctness of MCQs and their correct answerers. If you have any correction requests, question or suggestions please let us know, your opinion is important to us. Your valuable advice can help improve the contents and make it more helpful for the future.

Index Page  |  Home  |  Quiz Page  |  Top

Friends World Hub

REACH US THROUGH

SOCIAL NETWORKS​​

Copyright © 2020 Friendsworldhub.com | Project of BlueSkyDGM | All Rights Reserved.