MCQs on Company Meetings
Multiple Choice
Questions and Answers (MCQS)
Companies Act 2013
MCQs (2021 – 2022)
Given below are MCQs on Company Meetings updated for 2021 – 2022 exams. These Company Meetings MCQs of Companies Act 2013 are useful for B.Com, BBA, M.Com, MBA, UGC – NET (NTA NET), CA – IPCC, CMA Intermediate, CS Foundation CSEET Exam and all other competitive exams of commerce stream students.
1. Which of the following is the meeting of shareholders?
a) Annual General Meeting (AGM)
b) Extra-ordinary General Meeting (EGM)
c) Class Meeting
d) All of the above
Ans:
d) All of the above
2. First AGM must be held within ___________ from the incorporation
of the company:
a) 6 Months
b) 9 Months
c) 12 Months
d) 18 Months
Ans:
b) 9 Months
[Hint: The First Annual General Meeting (AGM) must be held
within 18 months from the date of incorporation – Sec 166]
3. Which of the following is the proper authority to call
annual general meeting (AGM)?
a) Shareholders
b) Board of Directors
c) Creditors
d) Court
Ans:
b) Board of Directors
4. The procedure for calling a meeting is determined by:
a) Shareholders
b) Board of Directors
c) Creditors
d) Court
Ans:
b) Board of Directors
Also you can read Company Law Chapter wise MCQs together with some additional Questions:
1. Company Law MCQs (130+ Questions)
2. Formation of Companies MCQs
3. MCQ on Memorandum and Articles of Association
7. MCQ on Winding Up of A Company
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5. In case of public company, quorum of Annual General
Meeting is:
a) 1 (One)
b) 2 (Two)
c) 3 (Three)
d) 5 (Five)
Ans:
d) 5 (Five)
6. In case of private company, quorum of Annual General
Meeting is:
a) 1 (One)
b) 2 (Two)
c) 3 (Three)
d) 5 (Five)
Ans:
b) 2 (Two)
7. Which one of the following company is exempted from
calling Annual General Meeting (AGM)?
a) Public company limited by shares
b) Public company limited by guarantee
c) Private company
d) One Person Company (OPC)
Ans:
d) One Person Company (OPC)
8. EGM can be called by:
a) The Board of Directors on its own or on the requisition of shareholders
b) Requisitions themselves
c) The National Company Law Tribunal (NCLT)
d) All of the above
Ans:
d) All of the above
9. All business transacted at EGM is called:
a) Ordinary business
b) Special business
c) Extra ordinary business
d) None of the above
Ans:
b) Special business
10. Which one of the following statement is true?
a) Only special business is transacted at Annual General Meeting (AGM).
b) Only special business is transacted at Extra-ordinary General Meeting (EGM).
c) Both ordinary and special business are transacted at Extra-ordinary General Meeting (EGM).
d) All of the above
Ans:
b) Only special business is transacted at Extra-ordinary General Meeting (EGM).
11. The first Board meeting shall be held within ___________
from the incorporation of the company:
a) 7 Days
b) 10 Days
c) 15 Days
d) 30 Days
Ans:
d) 30 Days
12. A meeting of board of directors shall be held at
least:
a) 1 (One)
b) 2 (Two)
c) 3 (Three)
d) 4 (Four)
Ans:
d) 4 (Four)
13. The provision regarding conducting of four board
meetings every year is not applicable to:
a) Government Company
b) Public Corporation
c) Departmental Undertakings
d) The class of companies relaxed by the Central Government
Ans:
d) the class of companies relaxed by the Central Government
14. The participants of a board meeting are:
a) The Chairperson
b) Company Secretary
c) Directors
d) All of the above
Ans:
d) All of the above
15. Quorum of a Board Meeting is:
a) 1 (One)
b) 2 (Two)
c) 3 (Three)
d) 5 (Five)
Ans:
b) 2 (Two)
16. Which one of the following statement is true?
a) AGM should be held by every company.
b) Proxies are not to be included while counting the quorum of the meeting of a company.
c) Company secretary need not attend the board meeting.
d) Member of company can attend general and board meetings of the company.
Ans:
b) Proxies are not to be included while counting the quorum of the meeting of a
company.
[Hint: b) Proxies are
not to be included while counting the quorum of the meeting of a company but
there are some exception contained in sec. 98 and sec. 100]
17. Which one of the following statement is true?
a) Proxies cannot vote on show of hands.
b) Proxies is entitled to vote only on a poll.
c) Proxies are not to be included while counting the quorum of the meeting of a company.
d) All of the above
Ans:
d) All of the above
18. Which one of the following company is exempted from
calling Board Meetings?
a) Small company
b) Dormant Company
c) One Person Company (OPC) having more than one director
d) One Person Company (OPC) having one director only
Ans:
d) One Person Company (OPC) having one director only
19. Voting in a company meeting can be through:
a) Ballot
b) Poll
c) Electronic Means
d) All of the above
Ans:
d) All of the above
20. Resolution requiring special notice needs how many
days?
a) 1 (One)
b) 2 (Two)
c) 3 (Three)
d) 7 (Seven)
Ans:
d) 7 (Seven)
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