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1.
According to ownership, Government Company means _________ share
- A.Whose paid-up share capital's 48%, shares are owned by Government
- B.Whose paid-up share capital's 49% shares are owned by Government
- C.Whose paid-up share capital's 50% shares are owned by Government
- D.Whose paid-up share capital's 51% shares are owned by Government
- Answer
- Report
Answer : [D]
2.
"A company has a separate legal existence from its members." This principle was first laid down in case of -
- A.Saloman Vs. Saloman & Co. Ltd. (1897)
- B.Daimler Co. Ltd. Vs. Continental Tyre & Rubber Co. (1916)
- C.State of U. P. Vs. Renu Sagar Power Co. (1991)
- D.Santunu Roy Vs. Union of India (1989)
- Answer
- Report
Answer : [A]
3.
To appoint new auditor in place of retiring auditor, to adopt the procedure, which section of Companies' Act, 1956 is applicable ?
- A.223
- C.225
- B.224
- D.226
- Answer
- Report
Answer : [B]
4.
Which of the following have lien of Company Auditor ?
- A.Books of Accounts of the Company
- C.Auditor's working paper
- B.Vouchers of the Company
- D.All of the above
- Answer
- Report
Answer : [C]
5.
Audit adopted by banking company is -
- A.Continuous Audit
- C.Internal Audit
- B.Periodical Audit
- D.Balance Sheet Audit
- Answer
- Report
Answer : [A]
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