TCC Quiz Template Corporate Law Quiz (TCC-Quiz) Q31. In normal course, the Board’s Report is signed by… A) Company Secretary B) Managing Director C) Chairman with Authority of Board D) CFO Correct: Chairman with Authority of Board. The Board’s Report is signed by the Chairman with proper authority. Q32. CAG stands for… A) Comptroller of Auditor General B) Controller of Accounts General C) Central Audit Group D) Corporate Audit Governance Correct: Comptroller of Auditor General. CAG is India’s supreme audit institution. Q33. The Financial statements are to be filed with the Registrar within… A) 15 days of AGM B) 30 days of AGM C) 45 days of AGM D) 60 days of AGM Correct: 30 days of AGM. Companies Act mandates filing within 30 days. Q34. In case of private company, inte...
TCC Quiz Template Corporate Law Quiz (TCC-Quiz) Q26. Once declared, the amount of dividend shall be transferred to Special Dividend A/c within… A) 3 days B) 5 days C) 7 days D) 10 days Correct: 5 days. As per Companies Act, dividends must be transferred within 5 days. Q27. A practicing Chartered Accountant may be appointed as Auditor for a term of… A) 3 years B) 4 years C) 5 years D) 6 years Correct: 5 years. Statutory limit is 5 years, subject to rotation rules. Q28. Directors Responsibility Statement is a part of… A) Annual Return B) Board Report C) Audit Report D) CSR Report Correct: Board Report. It ensures accountability of directors. Q29. NFRA stands for… A) National Finance Regulatory Authority B) National Financial Reporting Authority ...