Question
Among the options provided, which country was not a
founding member of OPEC (Organization of the Petroleum Exporting Countries)?ÂSolution
OPEC was founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela).
Which of the following is a quasi-contract?
When you evaluate a company's financial ratios in relation to other companies in the same industry, what type of comparison is this?
XYZ Ltd., a listed entity, has only 2 independent directors on its 12-member Board. Audit Committee is formed with 2 independent and 1 executive directo...
What is the minimum number of members required to form a public company?
As per the Companies Act and related Rules, every private company is required to issue securities only in a dematerialised form and facilitate demateria...
The preference shares should be redeemed with in a period of
ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent ...
A buyer and seller entered into a CIF (Cost, Insurance, Freight) contract. The seller shipped the goods and handed over the bill of lading and insurance...
A contract contains an arbitration clause. A dispute arises but one party sues in civil court. What should the court do?
A listed company has an average net profit of Rs. 12 crore in the last 3 years. As per Section 135 of the Companies Act, 2013, which of the following st...
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