Management information system MCQs and Notes
G
Q 121. A person cannot hold directorship of more than _______ companies at a time.
V
Q 122. The directors may be held _______ liable on their failure to fulfill the formalities imposed upon them by the Act.
P
Q 123. _________ member of directors need to retire every year
V
Q 124. Directors are _________ of the Powers conferred on then and they must exercise those powers bonafide and for the benefit of the company.
P
Q 125. The managing directors hold the _______ shares of the company.
V
Q 126. The maximum remuneration paid to a manager cannot exceed _________ percent of the annual net profit.
R
Q 127. __________ vacancy is caused by resignation, death, insolvency or insanity.
V
Q 128. The office of a director becomes vacant if he fails to obtain his qualification shares within _____
A
Q 129. According to Sec. 225, the Directors should be appointed in the ________-
R
Q 130. ____________ is the Supreme policy framing and decision making organ of a company.
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