Formation of a Company - Class XI Business Studies Quiz
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Preview questions
1. What is the first step in the formation of a company?
Obtaining a certificate of incorporation · Drafting the memorandum of association · Filing the application with the Registrar · Promoting the company
2. Which document contains the rules and regulations governing the internal management of a company?
Memorandum of Association · Articles of Association · Certificate of Incorporation · Prospectus
3. What is required to be filed with the Registrar for the incorporation of a company?
Memorandum of Association · Annual report · Board resolution · Shareholder agreement
4. Which type of company can be formed with a minimum of two members?
Public company · Private company · One-person company · Non-profit company
5. What is the minimum number of directors required for a private company?
1 · 2 · 3 · 4
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