17.

18.

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20.

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22.

053/23

In what circumstances might a company be forced to undergo a compulsory
winding up ?

A) If the company’s shareholders pass a resolution to wind up the company
B) If the company’s management team fails to achieve its financial targets
C) If the company’s Board of Directors resigns en masse

D) If the company is unable to pay its debts as they become due

Companies Act, 2013 consists of Sections.
A) 470 B) 568 C) 970 D) 1287

Which of the following is a function of the Securities and Exchange Board of India
(SEBI) ?

A) Issuing and trading securities on behalf of listed companies

B) Regulating and supervising the securities market in India

C) Determining the interest rates on bank loans to listed companies

D) Providing investment advice to retail investors

What is a depository in the context of the Indian capital market ?

A) An entity that facilitates the transfer and settlement of securities in electronic
form

B) A financial institution that provides loans to investors for purchasing securities

C) A regulatory body that oversees the activities of stock exchanges and brokers

D) A system that determines the price of securities based on market demand and
supply

How does the index composition differ between BSE and NSE ?

A) BSE includes only large-cap companies, while NSE includes both large-cap
and mid-cap companies

B) NSE includes only large-cap companies, while BSE includes both large-cap
and mid-cap companies

C) Both BSE and NSE include only large-cap companies

D) Both BSE and NSE include both large-cap and mid-cap companies, but use
different weighting methodologies

Income chargeable under income from other sources as per
A) Sec. 54 B) Sec. 55 C) Sec. 56 D) Sec. 59