0 of 31 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
Information
TOTAL QUESTION: 30
TOTAL TIME= 30 MIN
You have already completed the Test before. Hence you can not start it again.
Test is loading...
You must sign in or sign up to start the Test.
You have to finish following quiz, to start this Test:
Your results are here!! for" Indian Company Law "
0 of 31 questions answered correctly
Your time:
Time has elapsed
Your Final Score is : 0
You have attempted : 0
Number of Correct Questions : 0 and scored 0
Number of Incorrect Questions : 0 and Negative marks 0
-
Not categorized
You have attempted: 0
Number of Correct Questions: 0 and scored 0
Number of Incorrect Questions: 0 and Negative marks 0
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- Answered
- Review
-
Question 1 of 31
1. Question
During which period was the Companies Fresh Start Scheme (CFSS) 2020 launched?
Correct
The CFSS 2020 operated from 1 April to 30 September 2020.
Incorrect
The CFSS 2020 operated from 1 April to 30 September 2020.
Unattempted
The CFSS 2020 operated from 1 April to 30 September 2020.
-
Question 2 of 31
2. Question
What was a major benefit provided by the Companies Fresh Start Scheme 2020?
Correct
The scheme allowed defaulting companies to file pending returns and statements without paying penalties.
Incorrect
The scheme allowed defaulting companies to file pending returns and statements without paying penalties.
Unattempted
The scheme allowed defaulting companies to file pending returns and statements without paying penalties.
-
Question 3 of 31
3. Question
What status could inactive companies apply for under CFSS 2020?
Correct
Inactive companies were allowed to apply for the status of Dormant Company.
Incorrect
Inactive companies were allowed to apply for the status of Dormant Company.
Unattempted
Inactive companies were allowed to apply for the status of Dormant Company.
-
Question 4 of 31
4. Question
Why were the Companies Amendment changes introduced through an ordinance in 2018?
Correct
The provided content states that the changes were introduced by ordinance because of urgency.
Incorrect
The provided content states that the changes were introduced by ordinance because of urgency.
Unattempted
The provided content states that the changes were introduced by ordinance because of urgency.
-
Question 5 of 31
5. Question
What did the 2018 ordinance seek to increase?
Correct
The ordinance included measures to increase the powers of ROCs and Regional Directors.
Incorrect
The ordinance included measures to increase the powers of ROCs and Regional Directors.
Unattempted
The ordinance included measures to increase the powers of ROCs and Regional Directors.
-
Question 6 of 31
6. Question
According to the provided content, how many members can a Private Limited Company have?
Correct
The provided content states that a Private Limited Company can have 2–200 members.
Incorrect
The provided content states that a Private Limited Company can have 2–200 members.
Unattempted
The provided content states that a Private Limited Company can have 2–200 members.
-
Question 7 of 31
7. Question
Which section of the Companies Act, 2013 requires every company to have a Board of Directors?
Correct
Section 149 requires every company to have a Board of Directors.
Incorrect
Section 149 requires every company to have a Board of Directors.
Unattempted
Section 149 requires every company to have a Board of Directors.
-
Question 8 of 31
8. Question
Which section explains the removal of directors?
Correct
Section 169 explains removal of directors.
Incorrect
Section 169 explains removal of directors.
Unattempted
Section 169 explains removal of directors.
-
Question 9 of 31
9. Question
What type of majority is required for removal of directors according to the provided content?
Correct
Directors can be removed by a simple majority vote in the general meeting.
Incorrect
Directors can be removed by a simple majority vote in the general meeting.
Unattempted
Directors can be removed by a simple majority vote in the general meeting.
-
Question 10 of 31
10. Question
How much special notice is required for removal of directors according to the provided content?
Correct
A 28-day special notice is required for removal of directors.
Incorrect
A 28-day special notice is required for removal of directors.
Unattempted
A 28-day special notice is required for removal of directors.
-
Question 11 of 31
11. Question
Which section contains the duties of directors?
Correct
The duties of directors are provided under Section 166 of the Companies Act, 2013.
Incorrect
The duties of directors are provided under Section 166 of the Companies Act, 2013.
Unattempted
The duties of directors are provided under Section 166 of the Companies Act, 2013.
-
Question 12 of 31
12. Question
Which of the following is one of the thresholds that can make CSR provisions applicable to a company?
Correct
CSR is mandatory for companies meeting any of the stated thresholds, including net profit of ₹5 crore or more.
Incorrect
CSR is mandatory for companies meeting any of the stated thresholds, including net profit of ₹5 crore or more.
Unattempted
CSR is mandatory for companies meeting any of the stated thresholds, including net profit of ₹5 crore or more.
-
Question 13 of 31
13. Question
What percentage of average net profit of the last three years must qualifying companies spend on CSR according to the provided content?
Correct
Qualifying companies must spend 2% of their average net profit of the last three years on CSR.
Incorrect
Qualifying companies must spend 2% of their average net profit of the last three years on CSR.
Unattempted
Qualifying companies must spend 2% of their average net profit of the last three years on CSR.
-
Question 14 of 31
14. Question
Which Act is the main law regulating companies in India today?
Correct
The provided content states that companies are regulated mainly under the Companies Act, 2013.
Incorrect
The provided content states that companies are regulated mainly under the Companies Act, 2013.
Unattempted
The provided content states that companies are regulated mainly under the Companies Act, 2013.
-
Question 15 of 31
15. Question
Which ministry administers company law in India?
Correct
Company law in India is administered by the Ministry of Corporate Affairs (MCA).
Incorrect
Company law in India is administered by the Ministry of Corporate Affairs (MCA).
Unattempted
Company law in India is administered by the Ministry of Corporate Affairs (MCA).
-
Question 16 of 31
16. Question
What is a key function of the Registrar of Companies (ROC)?
Correct
ROC handles company incorporation, filings, and compliance.
Incorrect
ROC handles company incorporation, filings, and compliance.
Unattempted
ROC handles company incorporation, filings, and compliance.
-
Question 17 of 31
17. Question
What do Regional Directors primarily handle according to the provided content?
Correct
Regional Directors handle appeals and higher-level approvals.
Incorrect
Regional Directors handle appeals and higher-level approvals.
Unattempted
Regional Directors handle appeals and higher-level approvals.
-
Question 18 of 31
18. Question
How many Regional Directors are stated to be currently in India?
Correct
The provided content states that India currently has 7 Regional Directors.
Incorrect
The provided content states that India currently has 7 Regional Directors.
Unattempted
The provided content states that India currently has 7 Regional Directors.
-
Question 19 of 31
19. Question
How many Registrar of Companies (ROCs) are stated to be currently in India?
Correct
The provided content states that India currently has 22 ROCs.
Incorrect
The provided content states that India currently has 22 ROCs.
Unattempted
The provided content states that India currently has 22 ROCs.
-
Question 20 of 31
20. Question
What does the term in-house adjudication authority mean in the context of company law?
Correct
These bodies can decide certain compliance matters without sending everything to the courts.
Incorrect
These bodies can decide certain compliance matters without sending everything to the courts.
Unattempted
These bodies can decide certain compliance matters without sending everything to the courts.
-
Question 21 of 31
21. Question
Which Companies Amendment Act changed 23 sections of the Companies Act, 2013?
Correct
The 2015 Amendment Act changed 23 sections of the Companies Act, 2013.
Incorrect
The 2015 Amendment Act changed 23 sections of the Companies Act, 2013.
Unattempted
The 2015 Amendment Act changed 23 sections of the Companies Act, 2013.
-
Question 22 of 31
22. Question
On what date was the 2015 Amendment Act approved?
Correct
The 2015 Amendment Act was approved on 25 May 2015.
Incorrect
The 2015 Amendment Act was approved on 25 May 2015.
Unattempted
The 2015 Amendment Act was approved on 25 May 2015.
-
Question 23 of 31
23. Question
What happened to the minimum paid-up capital requirement after the 2015 amendment?
Correct
The 2015 amendment removed the requirement of minimum paid-up capital.
Incorrect
The 2015 amendment removed the requirement of minimum paid-up capital.
Unattempted
The 2015 amendment removed the requirement of minimum paid-up capital.
-
Question 24 of 31
24. Question
What was the earlier minimum paid-up capital requirement for a private company?
Correct
Before the 2015 amendment, a private company needed ₹1 lakh minimum paid-up capital.
Incorrect
Before the 2015 amendment, a private company needed ₹1 lakh minimum paid-up capital.
Unattempted
Before the 2015 amendment, a private company needed ₹1 lakh minimum paid-up capital.
-
Question 25 of 31
25. Question
What was the earlier minimum paid-up capital requirement for a public company?
Correct
Before the 2015 amendment, a public company needed ₹5 lakh minimum paid-up capital.
Incorrect
Before the 2015 amendment, a public company needed ₹5 lakh minimum paid-up capital.
Unattempted
Before the 2015 amendment, a public company needed ₹5 lakh minimum paid-up capital.
-
Question 26 of 31
26. Question
What replaced the requirement of a company seal under the 2015 amendment?
Correct
The requirement of a company seal was replaced with authorized signatures.
Incorrect
The requirement of a company seal was replaced with authorized signatures.
Unattempted
The requirement of a company seal was replaced with authorized signatures.
-
Question 27 of 31
27. Question
Approximately how many sections were modified by the Companies Amendment Act, 2017 according to the provided content?
Correct
The provided content states that around 93 sections were modified.
Incorrect
The provided content states that around 93 sections were modified.
Unattempted
The provided content states that around 93 sections were modified.
-
Question 28 of 31
28. Question
What did the 2017 amendment make mandatory regarding financial statements?
Correct
The amendment changed Section 134 to make it mandatory for CEOs to sign financial statements.
Incorrect
The amendment changed Section 134 to make it mandatory for CEOs to sign financial statements.
Unattempted
The amendment changed Section 134 to make it mandatory for CEOs to sign financial statements.
-
Question 29 of 31
29. Question
What was a key feature of the 2019 Amendment and Companies Amendment Bill, 2020 regarding minor offences?
Correct
The reforms decriminalized many minor offences and removed jail for more than 46 minor violations according to the provided content.
Incorrect
The reforms decriminalized many minor offences and removed jail for more than 46 minor violations according to the provided content.
Unattempted
The reforms decriminalized many minor offences and removed jail for more than 46 minor violations according to the provided content.
-
Question 30 of 31
30. Question
What did the Companies Amendment reforms allow Indian companies to do in certain circumstances?
Correct
The reforms allowed direct listing of Indian companies in certain foreign stock exchanges.
Incorrect
The reforms allowed direct listing of Indian companies in certain foreign stock exchanges.
Unattempted
The reforms allowed direct listing of Indian companies in certain foreign stock exchanges.
-
Question 31 of 31
31. Question
What was introduced through the 2019 Amendment and 2020 Bill according to the provided content?
Correct
A new chapter for Producer Companies was introduced.
Incorrect
A new chapter for Producer Companies was introduced.
Unattempted
A new chapter for Producer Companies was introduced.