Companies Act Question for SEBI Grade A 2022
SEBI Grade A Companies Act Practice Question Test. Companies Act study material for SEBI Grade A Exam 2022. Costing, Companies Act, Economics, Commerce & Accountancy, Management and Finance Notes PDF for SEBI Grade A Preparation 2022. As we all know that The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2022 Notification for the recruitment of 120+ Assistant Managers across the country.
If you are preparing for SEBI Grade A 2020, you will come across a section on “Costing, Companies Act and Economics”. In this post, you will attempt the Companies Act for your SEBI Grade A Preparation 2022. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2022.
SEBI Grade A 2022 – Companies Act Question | Set- 1
Solving the SEBI Grade A Companies Act Question will help the candidates to get acquainted with different types of questions. SEBI Grade A Companies Act Question will also increase the precision and accuracy which saves a good amount of time in the actual exam.
1. Ltd. has appointed 15 directors and now wants to appoint 1 more director. Can it do so, if yes, in which manner?
A. By a special resolution
B. By an ordinary resolution
C. By a board resolution
D. Any of the above
E. None of these
2. As per the Companies Act, which type of company must appoint a director elected by small shareholders?
A. Public company
B. Private company
C. Listed company
D. All of the above
E. None of these
3. Every listed company shall have at least _____ of the total number of directors as independent directors according to Companies Act 2013
A. One-fourth
B. One-third
C. Half
D. One-tenth
E. None of these
4. With reference to an application to the Central government, ‘DIN’ is allotted to directors. What does ‘I’ stand for?
A. Index
B. Inquiry
C. Identification
D. Individual
E. None of these
5. Minimum number of directors for a public company are:
A. 2
B. 3
C. 7
D. 15
E. None of these
6. As per section 149(3), at least 1 resident director who has stayed in India for _____ on board is mandatory.
A. Not less than 182 days in previous calendar year
B. Not less than 182 days in current calendar year
C. Not less than 182 days in current financial year
D. Not less than 182 days in previous financial year
E. None of these
7. A person can be a director in 20 companies excluding –
A. Dormant Companies
B. Section 8 companies
C. Section 11 companies
D. Both (a) and (b)
E. None of these
8. Every person proposed to be appointed as a director by the company in general meeting or otherwise, shall furnish his DIN and a declaration that he is not disqualified to become director under this act ____
A. Within 15 days of his appointment as a director
B. Within 30 days of his appointment as a director
C. Within 60 days of his appointment as a director
D. At any time before his appointment
E. None of these
9. Every applicant, who intends to be appointed as director of an existing company shall make an application electronically in Form ____, to the central government for allotment of DIN.
A. DIR 3
B. DIR 3A
C. DIR 3C
D. DIR 2
E. None of these
10. First board meeting should be held within _____ from the date of incorporation of company.
A. 30 days
B. 60 days
C. 90 days
D. 120 days
E. None of these
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SEBI Grade A (Assistant Manager) 2022 Preparation Book (VOL. II) – Costing, Companies Act and Economics
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