Question 1. A carrier needs to settle bill for $ 1,38,458.25. The exporter has given the

two different choices:

(I) Pay quickly with no interest charges.

(ii) Pay following three months with premium at 5.23% per annum.

The carrier's bank charges 45.15% per annum on overdrafts. The trade rates

the market are as per the going with:

Spot rate ($) : 98.3255/98.3656

3-Months forward rate ($) : 49.8891/48.1147

The carrier looks for your proposition. Offer your course.

2. Which among coming up next isn't a part of a Company Secretary ?

a) As a legal official

b) As a managerial official

c) As an organizer

d) As a chief.

3.Which of the accompanying errand isn't needed to be performed by a Company Secretary?

a) Communicating results to the invested individuals

b) Signing the yearly return.

c) Sending notice of gatherings to the Directors.

d) Assisting the vendor in the ending up of the organization.

4. The length of the notification of GM is expressed under what segment of the Companies Act, 1956.

a) Sec. 171

b) Sec. 238

c) Sec. 231

d) None of the abovementioned.

5.According to Garner V/s Murray Rule, the lack owing to the indebtedness of an accomplice must

be borne by other accomplice in :

a) In the proportion of benefit

b) In the proportion of capital

c) It ought to be borne similarly

d) None of the abovementioned

6.Which of the accompanying assertion isn't accurate in setting to an unregistered firm ?

a) The accomplice of the firm can't sue one another.

b) The association firm can't sue the outsider.

c) The outsider can't sue the firm.

d) The accomplice of the firm can't sue the firm.

7. Which of the accompanying assertion is False ?

a) There can be no particular exhibition of an organization understanding.

b) The enrollment of association is mandatory according to the Partnership Act, 1932.

c) The returns of offer of generosity is to be separated in the benefit sharing proportion

d) All of the abovementioned.

8. Which of coming up next is definitely not a fundamental of an organization ?

a) Association of at least two people.

b) Agreement

c) Sharing of benefits

d) Registration of organization.

9. At the point when an individual acts in a way that he is an accomplice of the firm however he isn't a

accomplice, at that point it is called as :

a) Nominal association

b) Partnership by estoppels

c) Dormant accomplice

d) None of the abovementioned.

10. Where an accomplice doesn't take part into the issues of an organization and just offers the benefit

at that point, he is called.

a) Ostensible accomplice

b) Dormant accomplice

c) Sleeping accomplice

d) Both b) and c).