Globalization and Privatization Tnpsc Online Quiz Question, Group 1 2 2a 4, VAO Group Question

Globalization and Privatization

Limited Liabilities means

A. the number of shares in the company is strictly limited B. shareholder is only liable for the debts of the company to the extent of the unpaid value of his shares C. all shareholders have the same liability for the company's debts D. share holder is only liable for the debts of the company limited to the profits

Answer : B. shareholder is only liable for the debts of the company to the extent of the unpaid value of his shares

Equity share holders are the company's

A. Owners B. Creditors C. Customers D. None of these

Answer : A. Owners

Which one of the following is correctly matched?

A. Public Issues of shares- Companies B. Issue of Currencies-Indian Overseas Bank C. Right of Issue-Debenture Holder D. Offer for sale-Partnership

Answer : A. Public Issues of shares- Companies

10.

The minimum number of Directors in the case of public Limited company is

A. 7 B. 3 C. 15 D. 5

Answer : B. 3

11.

Consider the following statements:
I. Profit is the reward for uncertainty bearing
II. Profit is the reward for risk bearing
III. Profit is the reward for capital
IV. Profit is the reward for labour

A. I alone is correct B. I and II are correct C. I,II and III are correct D. All are correct

Answer : D. All are correct

12.

Barter system means

A. Direct exchange of goods for goods B. Direct exchange of goods C. Indirect exchange of goods D. Indirect exchange of gold

Answer : A. Direct exchange of goods for goods

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Globalization and Privatization

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