Kerala PSC Previous Years Question Paper & Answer
Page:4
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name ' LECTURER IN COMMERCIAL PRACTICE' And exam conducted in the year 2015. And Question paper code was '036/2015/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.
Correct Answer:- Option-B
Question28:-A public company having share capital can start its business
A:-on getting certificate of incorporation
B:-on getting certificate of commencement of business
C:-on getting certificate of recognition
D:-none of these
Correct Answer:- Option-B
Question29:-minimum number of persons required to form a public company is
൧-2
8:-3
C:-5
D:-7
Correct Answer:- Option-D
Question30:-The document which sets out the regulations for the internal management of a company is
A:-memorandum of association
B:-prospectus
C:-statement in lieu of prospectus
D:-articles of association
Correct Answer:- Option-D
Question31:-persons transacting business with the company are deemed to have the knowledge of the provisions of
memorandum of association and articles of association by virtue of the doctrine of
A:-constructive notice
ultra vires
\door management
D:-outdoor management
Correct Answer:- Option-A
Question32:-which among the following section in the Companies Act is related to the appointment of first directors of the
company
A:-section 254
B:-section 255
C:-section 265
D:-section 408
Correct Answer:- Option-A
Question33:-which of the following company is not exempted from holding a statutory meeting
A:-Government company
B:-a public company not having share capital
C:-A public company having share capital
D:-A private company
Correct Answer:- Option-C
Question34:-Which of the following business of a company can not be transacted with ordinary resolution
A:-issue of shares at discount
B:-declaration of dividend
C:-election of directors
D:-changing the name of the company
Correct Answer:- Option-D
Question35:-which among the following is not a valid ground for compulsory winding up by the tribunal?
A:-Default of the company in holding statutory meeting
B:-Expiry of the period for which the company was formed
C:-Failure of the company to commence business within the stipulated period
D:-reduction of the members of the company below the statutory minimum
Correct Answer:- Option-B
Question36:-the capital of a company which shall not be called upon except in the event of winding up is called
A:-reserve capital
B:-capital reserve
C:-uncalled capital
D:-unpaid capital
Correct Answer:- Option-A
Question37:-Employees State Insurance (ESI) Act was passed in the year
A:-1923