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HSC Commerce: Marketing and Salesmanship इयत्ता ११ वी - Maharashtra State Board Question Bank Solutions

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Explain the following Term/Concept:

Managing Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Independent Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

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Explain the following Term/Concept:

Executive Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Non-Executive Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Alternate Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Casual vacancy of a Director.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Chief Financial Officer

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Company Secretary

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Secretarial Standard

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following Term/Concept:

Secretarial Audit

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Explain the following term/concept:

The Board of Directors

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :

(a) Is he required to obtain DIN?

(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification

(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Mr. Z is a member of Institute of Company Secretaries of India:

(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?

(b) Can Mr. Z work as a secretarial Auditor?

(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Mr. M wishes to be the Managing director of QRS Ltd:

(a) The age of Mr. M is 30 years. Can he be appointed as MD of a company?

(b) Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd.?

(c) For how long a period QRS Ltd. can appoint Mr. M. as Managing Director?

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Distinguish between the following:

Director and Managing Director

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Distinguish between the following:

Managing director and Manager

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Distinguish between the following:

Managing Director and Whole Time Director

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Answer in brief:

State any four powers of the Board of Directors.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Answer in brief:

Mention any four ways in which the office of a Direction becomes vacant.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined

Answer in brief:

State any four powers of Managing Directors.

[6] Directors and Key Managerial Personnel of a Company
Chapter: [6] Directors and Key Managerial Personnel of a Company
Concept: undefined >> undefined
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