Class 11 Secretarial Practice – Daily Revision MCQ (English Medium)
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The word 'Secretary' is derived from which Latin word?
Chapter 1: Secretary
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Answer: A. Secretarius
'Secretary' comes from the Latin 'Secretarius', meaning someone who works for a person of great importance (from 'secretum', secrets).The feature 'perpetual succession' of a joint stock company means that
Chapter 2: Joint Stock Company
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Answer: C. its existence is not affected by the death, insolvency or retirement of members
Perpetual succession means continuous existence: members may come and go, but the company continues.Which is the first stage in the formation of a company?
Chapter 3: Formation of a Company
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Answer: B. Promotion
The stages are Promotion, then Incorporation, then Commencement of business.Which document contains the rules for the internal management of a company, such as transfer of shares, meetings and voting?
Chapter 4: Documents Related to Formation of a Company
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Answer: D. Articles of Association
The Articles of Association hold the internal rules of management; they are subordinate to the Memorandum.In which type of company are there members but no shareholders, because it has no share capital?
Chapter 5: Members of a Company
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Answer: A. A company limited by guarantee
A company limited by guarantee has no share capital, so it has only members and no shareholders.Without passing a special resolution, up to how many directors can a company appoint?
Chapter 6: Directors and Key Managerial Personnel of a Company
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Answer: B. 15
Up to 15 directors are allowed; for more than 15 the company must pass a special resolution.For a special resolution to be passed, the votes in favour must be at least how much of the votes cast against it?
Chapter 7: Company Meetings - I
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Answer: D. Three times
A special resolution needs a 3/4 (75%) majority, i.e. votes in favour at least three times the votes against.What is the maximum interval allowed between two Annual General Meetings of a company?
Chapter 8: Company Meetings - II
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Answer: C. 15 months
The gap between two AGMs must not be more than 15 months.To which account holders does a bank give the overdraft facility?
Chapter 11: Correspondence with Banks
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Answer: A. Current account holders
Overdraft lets a current account holder withdraw more than the credit balance, up to a set limit.Which statutory authority is the regulator of the securities market in India?
Chapter 12: Correspondence with Statutory Authorities
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Answer: C. Securities and Exchange Board of India (SEBI)
SEBI regulates the securities market and protects investors' interests.
Class 11: MCQ in other subjects
All questions are written by PadhaiNotes in our own words from the chapters of the official Maharashtra State Board Balbharati textbook (ebalbharati.in). Each question shows its chapter.