Question:

Gratuity is payable to an employee ______________.

A.

On his superannuation

B.

Retirement

C.

Retrenchment

D.

In all the above cases.

Answer» d. In all the above cases.

Question:

Which of these is not a negotiable instrument as per the Negotiable Instrument Act,1881?

A.

Bill of exchange

B.

Delivery note

C.

Bearer Cheque

D.

Share Certificate

Answer» d. Share Certificate

Question:

Out of seven principles of public life, the principle of objectivity means

A.

holders of public office should take decisions solely in terms of the public interest.

B.

in carrying out public business including making public appointments, holders of public office should make choices on merit.

C.

holders of public office are accountable for their decision and actions to the public.

D.

holders of public office should be as open as possible about all the decisions and actions that they take.

Answer» b. in carrying out public business including making public appointments, holders of public office should make choices on merit.

Question:

Holders of public office should not place themselves under any financial or other obligation to outside individuals or organizations that might influence them in the performance or their official duties. This principle of public life is called

A.

Selflessness

B.

Honesty

C.

Objectivity

D.

Integrity

Answer» d. Integrity

Question:

Gratuity is payable to an employee after he has rendered continuous service for not less than five years on his

A.

transfer

B.

daughter’s marriage

C.

re-employment

D.

resignation

Answer» d. resignation

Question:

A monthly return of contribution in the prescribed form 6 is required to be filed with the Commissioner within ……… days of the close of the month as per Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.

A.

15

B.

20

C.

25

D.

30

Answer» c. 25

Question:

Under Companies (Registration Offices and Fees) Rules, 2014, every foreign company shall file with the Registrar of Companies along with the financial statement in form — ————— which belong to the list of all the places of business established by the foreign company in India.

A.

FC 4

B.

FC 2

C.

FC 1

D.

FC 3

Answer» d. FC 3

Question:

Dependants benefit is paid at the rate of

A.

60% of wages in the form of monthly payment.

B.

75% of wages in the form of monthly payment.

C.

80% of wages in the form of monthly payment.

D.

90% of wages in the form of monthly payment.

Answer» d. 90% of wages in the form of monthly payment.

Question:

The fee payable for registration of LLP whose contribution exceeds `10 lakhs is

A.

`500/-

B.

` 2000/-

C.

` 4000/-

D.

` 5000/-

Answer» d. ` 5000/-

Question:

A prospectus which does not have complete particulars on the price of securitiesoffered and the quantum of securities offered by the company is known as

A.

Statement in lieu of prospectus

B.

Red-herring prospectus

C.

Deemed prospectus

D.

Shelf prospectus

Answer» b. Red-herring prospectus