{"id":7697,"date":"2022-06-13T18:38:42","date_gmt":"2022-06-13T13:08:42","guid":{"rendered":"https:\/\/ncert-solutions.guru\/?p=7697"},"modified":"2022-06-14T14:48:21","modified_gmt":"2022-06-14T09:18:21","slug":"b-com-1st-sem-corporate-administration-previous-papers","status":"publish","type":"post","link":"https:\/\/ncert-solutions.guru\/b-com-1st-sem-corporate-administration-previous-papers\/","title":{"rendered":"B.Com 1st Sem Corporate Administration Previous Papers"},"content":{"rendered":"

B.Com 1st Sem Corporate Administration Previous Papers<\/h2>\n

Time: 3 Hours
\nMax. Marks: 70<\/p>\n

SECTION – A<\/span><\/p>\n

I. Answer any 5 questions. Each question carries 2 marks. (5 x 2 = 10)<\/span><\/p>\n

Question (1)
\nDefine \u2018Private Company\u2019.<\/p>\n

Question (2)
\nGive the meaning of Promoter.<\/p>\n

Question (3)
\nWhat is Quorum?<\/p>\n

Question (4)
\nWhat is Statutory Report?<\/p>\n

Question (5)
\nWhat is meant by Statement in -lieu of Prospectus?<\/p>\n

Question (6)
\nDefine Global Company.<\/p>\n

Question (7)
\nGive the meaning of Annual General meeting.<\/p>\n

Question (8)
\nDefine \u2018public company\u2019.<\/p>\n

Question (9)
\nState the meaning of proxy.<\/p>\n

Question (10)
\nMention any two characteristics of global company.<\/p>\n

Question (11)
\nDefine \u2018Agenda\u2019.<\/p>\n

Question (12)
\nWhat is common seal?<\/p>\n

Question (13)
\nWhat is book-Building?<\/p>\n

Question (14)
\nState the meaning of \u2018statement in lieu of prospectus.<\/p>\n

Question (15)
\nWhat is Limited Liability?<\/p>\n

Question (16)
\nWhat is an Associate Company?<\/p>\n

Question (17)
\nState the provisions for e-Filing.<\/p>\n

Question (18)
\nWho is an Independent Director?<\/p>\n

Question (19)
\nDefine Meeting.<\/p>\n

Question (20)
\nWhat is a Motion?<\/p>\n

Question (21)
\nDefine Multinational Corporation.<\/p>\n

Question (22)
\nWhat is a motion?<\/p>\n

Question (23)
\nGive the meaning of proxy.<\/p>\n

Question (24)
\nWhat is memorandum of association?<\/p>\n

Question (25)
\nState the provisions of e-filing.<\/p>\n

Question (26)
\nWhat is company limited by shares?<\/p>\n

Question (27)
\nWho is residential director?<\/p>\n

Question (28)
\nWhat is international company?<\/p>\n

Question (29)
\nDefine Joint Stock Company.<\/p>\n

Question (30)
\nWhat is Prospectus?<\/p>\n

Question (31)
\nWhat is demat account?<\/p>\n

Question (32)
\nDefine\u2018Company Secretary\u2019.<\/p>\n

Question (33)
\nState the meaning of Bonus Share.<\/p>\n

Question (34)
\nWhat is transactional corporation?<\/p>\n

Question (35)
\nWhat is Quorum?<\/p>\n

Question (36)
\nWhat do you mean by private company?<\/p>\n

Question (37)
\nWhat do you mean by Memorandum of Association?<\/p>\n

Question (38)
\nWhat is limited liability?<\/p>\n

Question (39)
\nMention any two liabilities of director.<\/p>\n

Question (40)
\nWhat is quorum?<\/p>\n

Question (41)
\nWhat do you mean by multinational company.<\/p>\n

Question (42)
\nWho is company secretary?<\/p>\n

SECTION – B<\/span><\/p>\n

II. Answer any three of the following. Each question carries six marks. (3 x 6 = 18)<\/span><\/p>\n

Question 2.
\nWhat are the contents of Articles of Association?<\/p>\n

Question 3.
\nExplain briefly the Appointment and Qualification of a Company Director.<\/p>\n

Question 4.
\nWho is Secretary? Explain briefly the rights of a secretary.<\/p>\n

Question 5.
\nWhat are the essentials of a valid meeting of a company?<\/p>\n

Question 6.
\nState the features of Global Companies.<\/p>\n

Question 7.
\nWhat is Articles of Association? State any 4 of its contents.<\/p>\n

Question 8.
\nExplain the powers of managing director.<\/p>\n

Question 9.
\nState the role of promoters in formation of Joint Stock Company.<\/p>\n

Question 10.
\nState the highlights of Companies Act, 2013.<\/p>\n

Question 11.
\nWhen and how statutory meeting is convened? Explain?<\/p>\n

Question 12.
\nExplain, briefly the privileges of a Private Company.<\/p>\n

Question 13.
\nBriefly explain the types and functions of promoters.<\/p>\n

Question 14.
\nState how Directors of a company are appointed.<\/p>\n

Question 15.
\nWhat is a Statutory Meeting? Briefly explain the contents of Statutory Report.<\/p>\n

Question 16.
\nBriefly explain the features of Global Companies.<\/p>\n

Question 17.
\nBriefly explain functions of promoters.<\/p>\n

Question 18.
\nState the features of multinational enterprises.<\/p>\n

Question 19.
\nExplain the concept of one person company.<\/p>\n

Question 20.
\nState the qualifications of a secretary.<\/p>\n

Question 21.
\nWrite a note on statutory meeting.<\/p>\n

Question 22.
\nWrite the role and significance of Promoters.<\/p>\n

Question 23.
\nState the guidelines regarding allotment of shares.
\nAnswer:
\nFollowing are the rules regarding allotment of shares:
\n(a) Application form: A prospect is an invitation to general public to purchase shares. The intending buyer has to apply in prescribed form to purchase of shares.<\/p>\n

(b) Offer and acceptance : The application form given by public is the offer and the acceptance given by company to distribute the shares to them is called as acceptance.<\/p>\n

(c) Conditional offer and acceptance : Conditions are printed by the company in the application form to put restriction on the ownership of the shares.<\/p>\n

(d Proper authority : Allotment of shares are always made by proper authority usually board of directors make the allotment of shares to public.<\/p>\n

(e) Reasonable time: Allotment of shares should be made by the proper authority within reasonable time.<\/p>\n

Some restriction are prescribed by the company act regarding allotment of shares they are:<\/p>\n