Practice Commercial Laws Questions and Answers
- What is the quorum required for a Board of Directors meeting according to Companies Act, 2013?
- As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matters ...
- Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
- Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is Rs....
- A company bought a new machinery worth Rs.4 lakh by issuing 10% Debentures of value Rs.160 were issued at a premium of 25%. How much amount is credited to ...
- A company paid Rs.15 lakh for a machine imported from Germany. The machine was tested at a cost of Rs.18,000. The company also spent on freight and install...
- A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to w...
- A company reported net profit ratio of 5% and RoA of 9% on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?
- A company purchased 50,000 units of raw material at Rs.2 per unit. At what value will the raw material inventory be recorded in the books of accounts if th...
- ABC Ltd had issued 20,000 debentures with FV of Rs.100 each, redeemable at 5% premium. Debenture holders have an option to convert 20% of redemption value ...
- Which of the following is an example of contract costing?
- The government has recently announced that the minors can also subscribe to the NPS scheme. What is the name of the scheme of NPS for minors?
- Which of the following actions can SEBI take to regulate capital markets and protect investors? Imposing restrictions on insider trading and unfair trade...
- As per the Companies Act and related Rules, every private company , other than _____, is required to issue securities only in a dematerialised form and fac...
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