New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which documents contains the regulations relating to the

    internal management of a company?
    A Memorandum of Association Correct Answer Incorrect Answer
    B Articles of Association Correct Answer Incorrect Answer
    C Both (a) and (b) Correct Answer Incorrect Answer
    D None Correct Answer Incorrect Answer

    Solution

    Companies Act Articles of Association are the rules regarding internal management of a company. These rules are subsidiary to the Memorandum of Association and hence, should not contradict or exceed anything stated in the Memorandum of Association.

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