HSC Commerce: Marketing and Salesmanship 11th Standard - Maharashtra State Board Question Bank Solutions

Answer in one sentence

Why is Extraordinary General Meeting held?

Answer in one sentence

When should the first Annual General Meeting be held?

Answer in one sentence

What should be the interval between two Annual General Meetings?

Correct the underlined word and rewrite the following sentence.

 Extraordinary Meeting must be held every year.

Answer in brief

List the duties of a Secretary after the Annual General Meeting.

Answer in brief

State the objectives of Annual General Meeting.

Answer in brief

What are Class Meetings?

Answer in brief

What is the purpose of conducting Extra ordinary General meeting?

Justify the following statement.

Annual General Meeting is adjourned in absence of quorum.

Justify the following statement.

A notice of meeting must be sent to all members in case of a General Meeting.

Justify the following statement.

Extra ordinary general meeting is called under special circumstances.

Justify the following statement.

The Quorum for Annual General Meeting of a public company depends upon the number of shareholders.

Explain the functions of a secretary related with Annual General Meeting.

Explain the following Term/Concept.

Eligibility of Membership

Study the following case/situation and express your opinion.

Mrs. & Mr. A works in a Bank. They have a daughter named Ms. 2 who is 11 years old:

(a) Can Mrs. &Mr. A invests in shares of the company? (b) Can they buy shares in the name of their daughter Ms. Z?
(c) Justify your answer in (a) & (b) in one sentence only.

Study the following case/situation and express your opinion.

M/s. ABC is a partnership firm owned by Dr. A. Dr. B and Dr. C. The doctors want to invest the profits of ABC in the shares of a company:

(a) Can M/s ABC buy the shares of the company?

(b) Can profits of M/s. ABC be invested in shares held in the names of Dr. A or Dr. B or. Dr. C?

(c) Are the doctors eligible to invest in shares of the company?

Study the following case/situation and express your opinion.

ZEN Limited has some investible in profits. Please guide ZEN Limited with respect to the following:

(a)Can ZEN Limited invest in the share of itself?

(b)Can ZEN Limited invest in the Shares of TEN Limited?

(c) Justify your answers in (a) & (b) in one sentence only.

Answer in brief:

State any four ways of acquiring membership of a company.

Justify the following statement.

Co-operative Society is eligible to be a member of the company.

Answer the following question:

Explain the eligibility of memberships of a company.