Promotion of a Company

Q.

Who is a promoter ?

Q.

Define a promoter?

Q.

What do you understand by the promotion of a company ?

Q.

Can employees be a source of funds?

Q. A/an is someone who undertakes to form a company and initiates to take the necessary steps to accomplish this.

1. promoter
2. contributer
3. owner
4. distributor

Q.

Liability Of A Member In Case Of A Private Company Is-

1. Limited

2. Unlimited

3. Both (A) Or (B)

4. None Of The Above

Q.

What are the 4 types of finance?

Q. Essay Type Question.
Define promotion. What are the steps in promotion?

Q.

A ___ is the person who conceives a business idea and initiates to take the necessary steps to accomplish to form a company.

Q.

Which act governs the company form of organisation?

Q. The is an office under the Ministry of Corporate Affairs, which is the body that deals with the administration of companies.

1. RIOC
2. ROC
3. MCA
4. MICA

Q.

The ___ manages the Companies Act.

Q.

When Rohit borrowed 2 lakhs from the bank and his friend joined him and contributed 3 lakhs. This helped the business start off on a _____.

1. Small scale

2. Large scale

3. Both A and B

4. None of the above

Q. A promoters function is mentioned in the .

1. Companies Act, 2013
2. Contract Act, 1872
3. Labour Act, 1970
4. Insurance Act, 2015

Q. Write short Notes on the following.

Features of private sector organizations

Q. Select the proper option from the options given below and rewrite the sentences.

Government company is registered under ________.

(a) special legislation
(b) Companies Act 1956
(c) Banking Act 1949

Q. Write short notes on the following :
Ministry of Corporate Affairs.

Q. Promoter is both an agent and trustee of the proposed company.

1. True
2. False
3. Partly True
4. Partly False

Q. A promoter can be an individual or a company.

1. True
2. False

Q. Write a word or a term or a phrase which can substitute the following statement.
The person who initiates scheme of formation of company.

1. Promoter
2. Shareholder
3. Proprietor
4. Investor

Q. When agent is appointed to do all acts for the principal, such agent is known as _______.

1. Special agent
2. General agent
3. Universal agent
4. Mercantile agent

Q.

The scale of a business is determined by:

1. Location

2. Technology

3. Amount borrowed

4. Initial investment

Q. Write short answer to the followings.

What are the features of private sector?

Q. Write short notes on the Promotion stage.

Q. A public company can start business after getting 'Trading Certificate'.

1. True
2. False

Q. The 'Promotion Stage' of a company begins with the ___________.

1. Conception of an idea about some business activities
2. Planning and assembling of all resources
3. Discovery and investigation of business opportunities
4. Translation of the idea into a reality

Q. The _____ is the representative of the Company Law Board.

1. Registrar of Companies
   
2. Official Liquidator
   
3. Advisory Committee
   
4. None of these
   

Q.

Private companies cannot raise funds from the public.

1. False

2. True

Q. Write short answers for the following :
What are the powers and functions of the 'Registrar of Companies'?

Q. Those persons who take initiative in the formation of a joint stock company are called _____________.

1. promoters
2. investors
3. All of above
   
4. shareholders