Company Secretery Fresher Questions And Answers

36) On striking off the name of a company considered defunct, the Registrar of Companies is required to 
(a) Publish notice thereof in official gazette
(b) Inform the State Government
(c) Inform the Central Government
(d) Inform the Ministry of Corporate Affairs
Ans: (a)

37) While issuance of notice of inspection of books of account of a company by the inspector is not mandatory it is issued at least 
(a) 7 days before the intended date of inspection
(b) 14 days before the intended date of inspection
(c) 21 days before the intended date of inspection
(d) 28 days before the intended date of inspection
Ans: (b)

38) The initial disclosure by a director or officer of a listed company under the SEBI (Prohibition of Insider Trading) Regulation, 1992 has to be made within
(a) 4 days of the concerned person’s joining the company
(b) 7 days of the concerned person’s joining the company
(c) 15 days of the concerned person’s joining the company
(d) 21 days of the concerned person’s joining the company
Ans: (a)

39) The New York Stock Exchange requires that in case of companies listed with it, the required minimum number of independent directors on the Board shall be –
(a) One
(b) Two
(c) Three
Ans: (b)

40) Under the UK Companies Act, to qualify as a small company, the concerned company shall have in a financial year
(a) A turnover of less than £ 2.5 million with less than 25 employees
(b) A turnover of not more than £ 2.8 million with not more than 50 employees
(c) A turnover of £ 3 million with less than 100 employees
(d) None of the above
Ans: (b)

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