1. In many organizations, hypermedia database at corporate intranet websites have become the knowledge bases for storage and dissemination of business knowledge.
Correct : A. true
2. ___________ is a field of science and technology based on disciplines such as computer science, biology, psychology, linguistics, mathematics and engineering.
Correct : B. Artificial intelligence
3. ___________ involves using multi- sensory human – computer interface that enable human users to experience computer – simulated objects, spaces, activities, and “words” as if they actually exist
Correct : B. virtual reality
4. The components of an expert system include a ________________ that perform interfaces on the
knowledge base and communicate answers to a user’s question?
Correct : B. knowledge base and software module
5. Information systems are composed of _________________ basic components.
Correct : B. three
6. The human order take cam be bypassed when using a(n)
Correct : C. transaction processing system
7. The _________ can help you choose a product
Correct : D. decision support system
8. The expert system uses a(n) ____________ to select the most appropriate response
Correct : A. inference
9. An intranet that is accessible by outside workers.
Correct : B. extranet
10. _____________ is the capability to continue as if nothing has happended, even after a major
component failure
Correct : C. fault tolerance
11. striping with parity is also known as RAID____________
Correct : C. 4
12. A storage device that is connected directly to a netwok ia an example of ______________
Correct : A. network attached storage
13. A tape library will use a robotic component called a(n) ___________ to change and store multiple
tape cartridges
Correct : D. Auto loader
14. More than one of the same component is an example of a ______________ system
Correct : B. redundant
15. Which type of database stores data in two – dimensional tables?
Correct : D. Relational
16. _________ is a voluntary association of persons formed to carry on some business for profit
or to promote art, Science, education or some charitable purpose.
Correct : C. Company
17. ___________ is a legal person which capable of perpetual succession and common seal.
Correct : A. Company
18. Sec ________ of the companies Act, 1956 states that a company means "a company formed
and registered under this Act, or an existing company"
Correct : D. 3 (1) (ii)
19. A company is a _________ of a persons who have come together for a common object which
generally is to earn profit.
Correct : D. All of these
20. Anything done under an agreement between the company and the third party requires
recognition of the company in the form of an official said ___________
Correct : D. Official seal
21. A company is a ______________ person
Correct : C. Legal
22. A company is the creation of ____________
Correct : B. Law
23. Minimum _________ and maximum _____________ constitute a private limited company.
Correct : D. 2 of 50
24. Minimum members in the case of partnership doing banking business is __________
Correct : C. 10
25. Accounts of a company must be audited by an __________
Correct : B. Auditor
26. The winding up of the company can only be done by the process of ___________
Correct : C. Law
27. ________ company are those which are incorporated by a Royal Charter.
Correct : A. Chartered
28. Statutory companies are those incorporated under a special act passed by __________
Correct : B. Parliament
29. __________ Company may be companies limited by shares companies limited by guarantee,
unlimited companies.
Correct : C. Registered
30. Companies limited by ________ are not formed for the purpose of profit but for the
promotion of art science, culture, charity, sports, commerce etc.
Correct : D. Guarantee
31. Private company means a company which has a minimum paid up capital of ____________
Correct : C. Rs. 1,00,000
32. A public company has been defined in Sec._________
Correct : A. 3 (1) (iv)
33. Public company means a company which has a minimum paid up capital of Rs. __________
Correct : C. 5,00,000
34. Shares can be freely transferable in ________
Correct : A. Public Company
35. The common seal of the company is the _____________
Correct : A. Official signature of the company
36. During which of the following circumstances can the veil be lifted by the court?
Correct : D. All of the above.
37. The memorandum of Association is a __________of the company.
Correct : C. Document
38. If the Articles of a company conflict with the memorandum.
Correct : B. The memorandum shall prevail
39. On a share of Rs. 200 of a company a shares holder has already paid Rs. 150. His liabilitye is
now limited to:-
Correct : B. 50
40. __________ refers to a voluntary association of individuals formed for the purpose of
obtaining a particular social or economical goal.
Correct : D. Company
41. A ___________ is a document but invites the public to subscribe for share and debentures.
Correct : C. Prospectus
42. The _________ issues the certificate of incorporation.
Correct : A. Register
43. Corporate veil ensures ________ to the company.
Correct : B. Legal Immunity
44. The articles of Association and the memorandum of Association are drafted by __________
Correct : C. Secretary
45. Doctrine of Ultra vires has reference to __________clause
Correct : A. Object
46. Which doctrine protects the out of the outsiders from the company?
Correct : B. The Doctrine of indoor management
47. Which Doctrine seeks to protect the company from the outsiders?
Correct : C. The Doctrine of constructive notice
48. Sec ___________ of the companies Act deals with the meaning and provisions related to the
shelf prospectus.
Correct : D. 60
49. Sec ______________ of the companies Act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.
Correct : A. 60 (B)
50. The person or group of person who being a company into existence are called __________
Correct : C. Promoters
51. The Board of Directors delegate the power to ____
Correct : D. Make loans
52. _________ are subordinate to and controlled by the memorandum.
Correct : A. Articles of Association
53. A copy of special resolution has to be filed with the Registrar within ___ days.
Correct : B. 30 days
54. A printed copy of the articles as altered shall be filed by the company with the Registrar
within __________of order of approval from cential.
Correct : C. one month
55. Sec __________ of the companies Act defines foreign company
Correct : D. 591
56. Sec 25 related to ________ companies
Correct : B. Licensed
57. Holding company is defined in Section ______ of the companies Act.
Correct : A. 4(4)
58. _________ is the first stage in the formation of a company.
Correct : A. Promotion
59. The idea of carrying on a business is conceived by a person or by a group of persons called
__________
Correct : B. Promoters
60. A company is said to be incorporated when it is registered with registrar of the __________
company.
Correct : D. Joint stock
61. When one company controls the management of another company, the former is called a
__________ company.
Correct : C. Subsidiary
62. _________ is issued by any financial constitution or bank for one or more of issues of
securities or class of securities specified in the prospectus.
Correct : B. Shelf Prospectus
63. The other name of indoor management is called _________
Correct : D. Tarquand rule
64. A Company may change its name by passing ______ with the approval of central govt.
Correct : A. Special resolution
65. The company shall give notice of alteration to the Registrar within ________of passing the
resolution.
Correct : C. 30 days
66. _________ consists of a series of regulations framed by the legislature for the conduct of the
affair of company.
Correct : B. Table A
67. If a public company limited by shares does not register its own articles ________apply
automatically to a company.
Correct : C. Table A
68. Prospectus must therefore make full and honest declaration of materials facts without
concealing or omitting any relevant fact. This is known as ________
Correct : B. Golden rule
69. A public company may issue a prospectus called _________
Correct : A. Red herring prospectu
70. The statement in lieu of prospectus is drafted in accordance with the particulars set in part I of
the ____________the Act.
Correct : D. Schedule II
71. Golden rule was laid down by________________
Correct : A. KINDERSELY VC in New Brun Wick Co. V Maggeride
72. ______________ is a shorter version of the prospectus and contains all the salient features of a
prospectus that forms a part of the memorandum.
Correct : B. Abridged prospectus
73. __________ Acts as the official signature of the company.
Correct : D. common seal
74. The association that are not registered under Sec. 11 of the companies Act is _____________
Correct : B. Illegal Association
75. ___________ is a person who has singed company's memorandum of association.
Correct : C. Member
76. _____________ is a person who holds the shares for the benefit persons.
Correct : A. Trustee
77. The right given to a particular class of shareholders are called the _____________
Correct : C. Class right
78. The power to order rectification of register of members vests in the _________
Correct : B. Tribunal
79. On which of the following dates the Companies Act, 1956 come into force?
Correct : B. 1st April 1956
80. The history of the Indian Company Law began in the year of
Correct : A. 1850
81. The privilege of limited liability was introduced in the Indian Company Law, in the year of
Correct : B. 1857
82. Statutory companies are also known as _______
Correct : C. Corporation
83. The auditor of government company is appointed by the ___________of India.
Correct : D. Controller and Auditor General
84. A statutory company is one which incorporated by
Correct : D. By either (a) of (b)
85. In case of a company limited by guarantee, the liability of the members can be enforced
Correct : A. only at the time of winding up of the company
86. __________ is compulsory for unlimited companies, private companies, companies limited by
guarantee.
Correct : B. Articles of Association
87. __________ describes the scope of company activities
Correct : A. Memorandum of Association
88. The first important document to be filed with the Registrar is ______-
Correct : C. Memorandum of Association
89. If the company's Act go beyond the provisions of the memorandum, its act will be _______
Correct : C. Ultra vires
90. ___________ is the construction of a company
Correct : C. Memorandum
91. _______ of schedule 1 of the Companies Act, which gives the specimen of memorandum of a
company limited by shares.
Correct : A. Table B
92. _________ can be passed by the support of three fourth majority a share holders who are
present and entitle to vote at a meeting.
Correct : C. Both A and B
93. _________ contain the rules and regulations of the company.
Correct : C. Articles of Association
94. __________ signed by the required number of persons which are necessary for the formation
of company.
Correct : B. Prospectus
95. A public company having a share capital, becomes entitled to commence business only after
obtaining a further certificate known as a _________
Correct : D. Certificate of commence business
96. If at the time of registration, a company limited by shares does note file articles of association
with the Registrar, then
Correct : A. The company deemed to have adopted Table A
97. The annual return should be filed by a company with the Registrar within _______ days from
the date of the annual general meeting of the company.
Correct : B. 60
98. Every share holder of a company is also known as _____
Correct : A. Member
99. A foreigner can become a member of a company registered in India but permission of ______
Correct : C. RBI
100. Registered office clause of memorandum of association contain ___
Correct : D. The name of the state in which registered office of the company is to situate.