Company Formation Basics

Froggy Jumps

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Test your knowledge on forming a company.

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Kiana .

India

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Company Formation Basics


Froggy Jumps Company Formation BasicsVersion en ligne Test your knowledge on forming a company. par Kiana . 1 What is the first step in forming a company? a Registering the company b Choosing a company name c Drafting the Memorandum 2 Which document is essential to register a company? a Memorandum of Association b Articles of Association c Partnership Deed 3 Who issues the Certificate of Incorporation? a Company Secretary b Registrar of Companies c Government Minister 4 What is the main purpose of the Memorandum of Association? a Details company policies b Defines the company's scope and powers c Lists directors' names 5 Which document outlines the internal rules of a company? a Articles of Association b Partnership Agreement c Memorandum of Association 6 What is the minimum number of members needed to form a private company? a 5 members b 2 members c 1 member 7 Which act governs company registration in India? a Incorporation Act, 2000 b Companies Act, 2013 c Companies Act, 1956 8 What is a 'Promoter' in company formation? a Director b Shareholder c Person who initiates the company setup 9 What is the primary benefit of forming a company? a Limited liability for members b Tax exemption c Unlimited liability 10 Which type of company has a separate legal entity? a Private and Public companies b Partnership firms c Sole proprietorships 11 11. Minimum number of members to form a public company is: a 2 b 5 c 7 12 A private company can start business after: a A. Registration b B. Receiving minimum subscription c C. Getting Certificate of Incorporation 13 What is the legal document that certifies the birth of a company? a A. Certificate of Commencement b B. Certificate of Incorporation c C. Memorandum of Association 14 Which document is issued to the public to invite them to buy shares of a company? a A. Memorandum b B. Articles c C. Prospectus 15 Subscription of capital is required in which type of company? a Public company b Private company c Govt. company 16 Who signs the Memorandum of Association? a DIRECTOR b PROMOTERS c SHAREHOLDERS 17 Which of the following is the final stage in the formation of a public company? a INCORPORATION b PROMOTION c COMMENCEMENT OF BUSINESS 18 The liability of members in a company is: a A. Unlimited b B. Limited to the extent of assets c C. Limited to the extent of their shares 19 Who is a promoter? a A. A person who invests in shares b B. A person who manages a company c C. A person who takes initiative to form a company

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Company Formation Basics

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Company Formation BasicsVersion en ligne

par Kiana .

What is the first step in forming a company?

Which document is essential to register a company?

Who issues the Certificate of Incorporation?

What is the main purpose of the Memorandum of Association?

Which document outlines the internal rules of a company?

What is the minimum number of members needed to form a private company?

Which act governs company registration in India?

What is a 'Promoter' in company formation?

What is the primary benefit of forming a company?

Which type of company has a separate legal entity?

11. Minimum number of members to form a public company is:

A private company can start business after:

What is the legal document that certifies the birth of a company?

Which document is issued to the public to invite them to buy shares of a company?

Subscription of capital is required in which type of company?

Who signs the Memorandum of Association?

Which of the following is the final stage in the formation of a public company?

The liability of members in a company is:

Who is a promoter?