Legal Aspects of Finance - 27

LIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningYour Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditYour Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditSelect The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer FEDAITrue/FalseQuestion The Capital of NABARD is subscribed by World Bank.Correct Answer...

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Posted in: Legal Aspects of Finance(Set IX)

Legal Aspects of Finance - 26

LIST OF ATTEMPTED QUESTIONS AND ANSWERSTrue/FalseQuestion Every company has to inform ROC about the place where it keeps books of account.Correct Answer FalseYour Answer TrueMultiple Choice Multiple AnswerQuestion A person can not be appointed as director of the company if :-Correct Answer He is found to be of unsound mind ,He is declared as an insolvent , He has not taken qualification sharesYour Answer He is declared as an insolvent , He has not taken qualification shares ,He is found to be of unsound mindSelect The BlankQuestion A member shall have right to apply for operations and mismanagement of the company provided application is made by members not less than ________ or by the membersholding not less than one tenth of total number of shares in the share capital of the company.Correct...

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Posted in: Legal Aspects of Finance(Set IX)

Legal Aspects of Finance - 25

Legal Aspects of FinanceLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Single AnswerQuestionIn which of the companies the bonus act is applicable?Correct AnswerMore than 20 persons employedYour AnswerMore than 20 persons employedSelect The BlankQuestionAuthorized dealer may freely open ________ and allow remittance forimport of goods.Correct AnswerLetter of creditYour AnswerLetter of creditMultiple Choice Single AnswerQuestionWhich person is responsible for he payment of wages act ?Correct AnswerManagersYour AnswerManagersMultiple Choice Single AnswerQuestionAs per the provisions of Companies Act 1956, company can issue shareswith :-Correct AnswerDifferential voting rightsYour AnswerDifferential voting rightsMultiple Choice Single AnswerQuestionTo whom does the payment of wages act...

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Posted in: Legal Aspects of Finance(Set VIII)

Legal Aspects of Finance - 24

Legal aspects of financeMultiple Choice Single AnswerQuestion When was the minimum wages act passed ?Correct Answer 1948Your Answer 1948Select The BlankQuestion For Special Resolution, votes cast in favour of the resolution should be________ times more than votes cast against the resolution.Correct Answer 3Your Answer 3Multiple Choice Multiple AnswerQuestion For registering certain resolutions, following documents are submitted :-Correct Answer Form 23 , Certified copy of resolution , Copy of explanatory statementYour Answer Form 23 , Certified copy of resolution , Draft resolutionMultiple Choice Multiple AnswerQuestion Who are governed by the payment of wages act?Correct Answer Employed persons , Salary less than 1600 per monthYour Answer Employed persons , Salary less than 1600 per month...

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Posted in: Legal Aspects of Finance(Set VIII)

Legal Aspects of Finance - 23

LIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Single AnswerQuestion For which activity FDI is not prohibited?Correct Answer InsuranceYour Answer InsuranceMultiple Choice Multiple AnswerQuestion Remuneration to the director may be paid :-Correct Answer Monthly , Quarterly , AnnuallyYour Answer Quarterly , Annually , MonthlyMultiple Choice Single AnswerQuestion Payment of wages act came into existence :-Correct Answer To ensure regular and timely payment of wages to employedpersonsYour Answer To ensure regular and timely payment of wages to employedpersonsMultiple Choice Single AnswerQuestion To safeguard the interest of the company or its shareholders or the publicinterest, the central government, may appoint such number of person as directors to holdoffice for a period not exceeding...

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Posted in: Legal Aspects of Finance(Set VIII)

Legal Aspects of Finance - 22

LIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion Copies of annual accounts are to be filed within ________ days fromAGM with ROC.Correct Answer 30 daysYour Answer 90 daysTrue/FalseQuestion Sectoral cap on investment by person resident outside India on Mass rapidTransport is 50%.Correct Answer FalseYour Answer TrueSelect The BlankQuestion If an employer derives profit in any of the first ________ years he has topay bonus for that year.Correct Answer 5Your Answer 5Multiple Choice Single AnswerQuestion A director has to vacate his office, if he is adjudged as :-Correct Answer InsolventYour Answer InsolventMultiple Choice Single AnswerQuestion Define an employee under section 2 (13) :-Correct Answer Person employed with salary exceeding Rs 3500Your Answer Person employed with salary...

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Posted in: Legal Aspects of Finance(Set VII)