FOUNDATION LEVEL QUIZ π
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:
Anonymous Quiz
25%
(a) Remain the same.
46%
(b) Increase.
25%
(c) Decrease.
3%
(d) Any of these.
π1
CSEET LEVEL QUIZ π
The Law of Demand, assuming other things to remain constant, establishes the relationship between:
The Law of Demand, assuming other things to remain constant, establishes the relationship between:
Anonymous Quiz
19%
(a) income of the consumer and the quantity of a good demanded by him.
52%
(b) price of a good and the quantity demanded.
15%
(c) price of a good and the demand for its substitute
14%
(d) quantity demanded of a good and the relative prices of its complementary goods.
π3
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PROFESSIONAL LEVEL QUIZ π
A company has remained dormant for 5 years and has not filed the prescribed annual return in Form MSC-3. What is the most likely action that the Registrar of Companies (ROC) may take?
A company has remained dormant for 5 years and has not filed the prescribed annual return in Form MSC-3. What is the most likely action that the Registrar of Companies (ROC) may take?
Anonymous Quiz
11%
Impose a penalty but allow it to continue as dormant
61%
Strike off the company from the register of dormant companies
12%
Automatically convert it into an active company
16%
Issue a show-cause notice to the directors under Section 447
π2
FINAL LEVEL QUIZ π
Which of the following transactions is considered a "significant accounting transaction", thus disqualifying a company from claiming dormant status?
Which of the following transactions is considered a "significant accounting transaction", thus disqualifying a company from claiming dormant status?
Anonymous Quiz
31%
Payment of fees to the Registrar for filing ROC returns
38%
Allotment of shares to new investors
17%
Payment of salary to a security guard at the registered office
14%
Payment made for statutory audit services
π1
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FOUNDATION LEVEL QUIZ π
For a contingent contract the event must be:
For a contingent contract the event must be:
Anonymous Quiz
19%
(a) Certain
53%
(b) Uncertain
5%
(c) Independent
23%
(d) Uncertain and collateral
π1
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EXECUTIVE LEVEL QUIZ
A company issued debentures and created a floating charge. Upon default, what must the trustee do before enforcing the security?
A company issued debentures and created a floating charge. Upon default, what must the trustee do before enforcing the security?
Anonymous Quiz
7%
a) Direct seizure of assets
18%
b) Notify ROC and creditors
40%
c) Convert the floating charge into a fixed charge
35%
d) Crystallize the charge and call for a meeting of debenture holders
π1
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INTER LEVEL QUIZ
A listed company violated Section 62(1)(c) by allotting securities without special resolution. What can SEBI enforce?
A listed company violated Section 62(1)(c) by allotting securities without special resolution. What can SEBI enforce?
Anonymous Quiz
20%
a) Cancel shares and bar directors
13%
b) Compounding by Tribunal
61%
c) Refund money with 12% interest + penalty under SEBI ICDR
6%
d) No penalty under SEBI laws
π1
CSEET LEVEL QUIZ π
A contract of insurance is:
A contract of insurance is:
Anonymous Quiz
21%
(Ξ±) Wagering contract
17%
(b) unilateral contract
19%
(c) Quasi contract
43%
(d) contingent contract
π1
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