Tag: organisation of commerce and management

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Questions Related to organisation of commerce and management

Multiple choice organisation of commerce and management forms of business organisation - 2 meaning and objectives of public sector enterprises introduction to public sector organisations public sector enterprises types of companies - private & public

Job analysis provides information used for writing _________________.

  1. Organisation chart

  2. Policy

  3. Job Description

  4. Procedure
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Job analysis is the systematic process of gathering information about a job. This information is then synthesized to create a job description, which outlines the duties and responsibilities of the role.

Multiple choice organisation of commerce and management forms of business organisation - 2 meaning and objectives of public sector enterprises introduction to public sector organisations public sector enterprises types of companies - private & public

Feature(s) of a public corporation is/ are ________________________.

  1. The primary motive of the corporation is to earn private profits

  2. It cannot sue and cannot be sued and cannot enter into contracts in its own name

  3. Both (A) and (B)

  4. Neither (A) nor (B)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.


A company whose shares are publicly traded and are usually held by a large number (hundreds or thousands) of shareholders. The usual British term is public limited company. A government owned company such as an airline or publictransit company. See also corporation sole.

Multiple choice organisation of commerce and management forms of business organisation - 2 meaning and objectives of public sector enterprises introduction to public sector organisations public sector enterprises types of companies - private & public

A company is known as the holding company of another company if it has control over the other company.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A holding company is a company that owns other companies' outstanding stock. A holding company usually does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group.

Multiple choice organisation of commerce and management forms of business organisation - 2 meaning and objectives of public sector enterprises introduction to public sector organisations public sector enterprises types of companies - private & public

Rights issue refer to the shares issued to ____________.

  1. Employees

  2. Public

  3. Exsiting directors

  4. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Rights issues are share offerings made to existing shareholders in proportion to their current holdings, allowing them to maintain their ownership percentage. They are not issued to employees (that would be ESOPs), not to the general public (that's a public issue), and not exclusively to existing directors. Therefore, 'None of these' is correct as none of the listed options accurately describe rights issues.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Committee which provides advise to the Central Government and National Company Law Tribunal is Advisory Committee.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Advisory committee is the committee which provides advice to the central government and national company law tribunal to deal with various matters.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Name the head of National Company Law Tribunal.

  1. Chief Minister

  2. Prime Minister

  3. President

  4. All of above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The National Company Law Tribunal (NCLT) is a quasi-judicial body in India. Its president is appointed by the Central Government, not the Prime Minister or Chief Minister. The head of the NCLT is designated as the President.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

The number of people below the poverty line in India are more than  _____.

  1. 150 million

  2. 200 million

  3. 220 million

  4. 250 million
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Indian government stated 22% of its population is below its official poverty limit. The World Bank, in 2011 based on 2005's PPPs International Comparison Program, estimated 23.6% of Indian population, or about 276 million people, lived below $1.25 per day on purchasing power parity.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

The number of members in National Company Law Tribunal shall not exceed ________.

  1. fifty two

  2. sixty

  3. forty two

  4. twenty two
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Company Law Tribunal will be constituted of as per the provisions under Section 10FC a President and an Equal number of Judicial and Technical member as the Central Governement deems fit to be appointed by way of notification in the official gazette. The total number of members in the Tribunal however cannot at any point of time exceed 60 in number. 

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Maximum age for president of National Company Law Tribunal is ________ years.

  1. fifty eight

  2. sixty

  3. sixty seven

  4. sixty two
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to section 409 of Companies Act, 2013 the President shall be a person who is or has been a Judge of a High Court for five years. The President and every other Member of the Tribunal shall hold office as such for a term of five years from the date on which he enters upon his office, but shall be eligible for re – appointment for another term of five years. The president of the NCLT shall hold office until he attains the age of sixty-seven years. A person who has not completed fifty years of age shall not be eligible for appointment as Member. 

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Maximum age for members of National Company Law Tribunal is _______ years.

  1. sixty

  2. sixty five

  3. sixty seven

  4. sixty two
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

According to guidelines of National Company Law Tribunal (NCLT),Every Member shall hold office for a period of five years from the date on which he/she enters upon his/her office, but shall be eligible for re-appointment for another term of 5 years. The term of appointment is, however, subject to the maximum age limit of sixtyfive years.