Question
As laid down under the Companies Act every company shall
hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a ____________ meetings of its Board of Directors every yearSolution
Section 173. Meetings of Board: (1) Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.
Which of the following will be considered as the long-term objective of financial management?
Project A has cash flows of ₹-10 lakh (initial), ₹3L, ₹4L, ₹5L over 3 years. Project B has the same initial investment but generates ₹6L, ₹4...
According to the Companies Act, 2013, every listed company must constitute an Audit Committee. Which of the following is not a role of this committee?
As per the Companies Act, 2013, CSR provisions are applicable if the company meets which of the following thresholds in any financial year?
Which of the following is not permitted in a Small Account under RBI’s KYC Directions?
Which risk is a bank facing due to the mismatch between its assets and liabilities tenure?
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
The insurer leases 15 branch premises (3–5 years) with renewal options it is reasonably certain to exercise. Rent has fixed and variable (sales-linked...
In relation to Employee Stock Option Plans, which of the following statements are correct?
(i) Employee Stock Option Plans are increasingly being...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...