Functions of Promoter

Q.

Discuss the role of promoters in the formation of a company.

Q.

Application for approval of name of a company is to be made to:

1. RBI

2. SEBI

3. ROC

4. Any of the above

Q.

Explain technical feasibility.

Q.

A strategy is a comprehensive plan which will not include this dimension.

1. Allocating resources necessary to achieve the objective.

2. Determining long term objectives.

3. The ends which the management seeks to achieve by its operations.

4. Adopting a particular course of action.

Q.

Identification of business opportunity refers to producing a new product or service only.

1. True

2. False

Q.

Following are some of the important functions of a promoter. Mention the correct sequence of the specified functions.

1. Name Approval

2. Identification of business opportunity

3. Feasibility studies

1. 2-3-1

2. 2-1-3

3. 3-1-2

4. 1-2-3

Q.

A cosmetic manufacturing company claims in a advertisement that its face cream improves the face completion. On using it was found incorrect.

(1) Do you think such advertisement is going to give positive results for the company in the long run ?

(2) Which values are being discarded ?

Q. Give Proforma of Certificate of Incorporation.

Q. Distinguish between the following.

Middle level management and Lower level management.

Q. The Registrar of Companies issues incorporation certificate to the company.

1. True
2. False

Q.

Does Apple have goodwill?

Q. Match List I with List II and select the correct answer using the codes given below the lists.

Q.

Discuss the role of promoters in the formation of a company.

Q. Distinguish Between Certificate of Incorporation and Trading Certificate.

Q. Write a word or a term or a phrase which can substitute the statement:
The authority that has right to issue incorporation certificate to the company.

1. An official liquidator
   
2. Registrar of Companies
   
3. None of these
   
4. Regional Director
   

Q. Experts who help promoters in the promotion of a company are also called promoters.

1. True
2. False

Q.

Rohit and his friend are a part of the business and had to take care of many tasks, including signing documents. They were named as?

1. Directors

2. Signatories

3. Shopkeepers

4. Product Managers

Q.

Apple plans to manufacture the next version of iPhone. Before going ahead, it decides to study the market preferences. Name this step taken by Apple.

1. Financial feasibility studies

2. All of the above

3. Technical feasibility studies

4. Economical feasibility studies

Q. State the following statement is True or False:
The certificate issued by the registrar of a companies for registration of a company is the certificate of incorporation.

1. True
2. False

Q.

The study which aids in understanding if a company will generate profits in the future is:

1. Financial feasibility study

2. None of the above

3. Economic feasibility study

4. Technical feasibility study

Q. Company promoters play significant role in the formation of a company.

1. True
2. False

Q.

_____ helps to examine the problem in the context of broader business strategy.

1. Recommendation Report

2. None of the above

3. Operation planning

4. Feasibility report

Q. State the following statement is True or False:
When a company is registered with the Registrar of Companies, it obtains the Certificate of Incorporation.

1. True
2. False

Q.

Samsung decides to release a new version in Samsung Galaxy note series after studying the scope of its profitability in the long run. Name the study taken by Samsung.

1. Financial feasibility study

2. All of the above

3. Technical feasibility study

4. Economic feasibility study

Q.

Rohit had three names in his mind. O'mart, Organic Corner, and Fresh World. Three names were submitted to ____.

1. None of the above

2. Signatories

3. Registrar of Companies

4. Board of directors

Q. __________ includes the rules and regulations on which the company's internal affairs are to be done.

1. Prospectus
2. All of the above
3. Memorandum of association
4. Articles of association

Q. A company comes into existence only after its __________.

1. Registration
2. Promotion
3. Scrutiny of documents
4. Allotment of CIN

Q.

After the agreement is stated to commence a small scale business, the agreement is sent to the _____ for approval?

1. Shareholders

2. Board of directors

3. Registrar of Companies

4. None of the above

Q.

Identify the missing function(s) from the following functions of a promoter:

Identification of business opportunity

Feasibility studies

Name Approval

Fixing up Signatories to the MOA

1. Appointment of Professional

2. Preparation of necessary documents

3. Both A and B

4. Either A or B

Q.

Abid wanted to start a company with the name 'Green Diet' but this name was rejected by ROC. What is NOT a possible reason behind the rejection?

1. Green Diet is the name of an existing company

2. The name doesn't adhere to the character limit

3. The name closely resembles with the name of an existing company

4. The name is misleading from its actual business