RAS Pre Paper Solved Questions and Answers for Commerce Subject
1. The minimum paid-up share capital for a public company shall be—
(A) Rs. 1 lakh
(B) Rs. 2 lakhs
(C) Rs. 3 lakhs
(D) Rs. 5 lakhs
Ans : (D)
2. Internal activity of a company is going to be performed according to established regulations. This assumption is provided as a right by—
(A) Doctrine of Indoor Management
(B) Doctrine of Constructive Notice
(C) Doctrine of Ultravires
(D) Doctrine of Intravires
Ans : (A)
3. A public company can start its business operations after getting—
(A) Certificate of Incorporation
(B) Minimum Subscription
(C) Certificate of Commencement of Business
(D) Permission of the Controller of Capital Issue
Ans : (C)
4. Under Section 275 of the Companies’ Act, 1956 a person can become director in public company of not more than—
(A) 5 companies
(B) 10 companies
(C) 15 companies
(D) 20 companies
Ans : (C)
5. Articles of Association can be altered by passing—
(A) An ordinary resolution in Annual General Meeting
(B) A special resolution in Annual General Meeting
(C) A resolution with special notice
(D) Without any resolution
Ans : (B)
6. In case of Board Meetings the Quorum must be present—
(A) At the commencement of the meeting
(B) At the termination of the meeting
(C) Throughout the meeting
(D) At the commencement and termination both
Ans : (A)
