Page 5 - Lesson Note 8

3. A statutory declaration that the above requirements have been completed and must be signed by the
director of company.

ASSESSMENT

MCQ 1 mark

Q.1 Minimum number of members to form a private company is

a. 2
b. 3
c. 5
d. 7

Q.2 Minimum number of members to form a public company is

a. 5
b. 7
c. 12
d. 21

Question 3: Application for approval of name of a company is to be made to

a. SEBI
b. Registrar of Companies
c. Government of India
d. Government of the State in which Company is to be registered

Question 4: A proposed name of Company is considered undesirable if

a. It is identical with the name of an existing company
b. It resembles closely with the name of an existing company
c. It is an emblem of Government of India, United Nations etc.
d. In case of any of the above

Question 5: A prospectus is issued by

a. A private company
b. A public company seeking investment from public
c. A public enterprise