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Meghalaya Police Service Preliminary Examination 2022 - Multiple Subjects — question paper

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Meghalaya Police Service Preliminary Examination 2022 - Multiple Subjects

Paper #3169 · 17-12-2022 · Multiple subjects · 514 reviewed questions · Showing 241–280 of 514

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Accuracy note: This is a reviewed structured rendering of an official previous-year paper and may cover only part of it. Where available, explanatory notes describe unresolved source or answer issues without supplying a scoring answer. Official examination authority notices remain final.

  1. A person subscribes for securities relying on an untrue or misleading statement in a prospectus and suffers loss. Under section 35 of India’s Companies Act, 2013, which matter may make a director who authorised the prospectus civilly liable, subject to statutory conditions and defences?
    1. An ultra vires act unrelated to the offer
    2. A material misstatement in the prospectus
    3. Failure to issue a share certificate on time
    4. Failure to hold an annual general meeting
  2. In a joint-stock company, who may transfer shares, subject to applicable law and any restrictions in the company’s governing documents?
    1. Shareholders
    2. Jobbers
    3. Odd-lot dealers
    4. Brokers
  3. Under India’s Companies Act, 2013, a public company must have at least three directors and how many subscribers at formation?
    1. Two
    2. Five
    3. Seven
    4. Ten
  4. Under India’s Companies Act, 2013, which document does the Registrar issue on incorporation as evidence that the company has been legally formed?
    1. Certificate of Incorporation
    2. Certificate of Commencement
    3. Memorandum of Association
    4. Certificate of Underwriting
  5. Which company-law feature allows a registered company to own property and contract in its own name, separate from its members?
    1. Separate legal personality
    2. Limited liability
    3. Transferability of shares
    4. Perpetual succession
  6. Under India’s Companies Act, 2013, a member of a company limited by shares is generally liable up to what amount?
    1. The amount unpaid, if any, on the member’s shares
    2. The amount the member undertakes to contribute on winding up
    3. All debts of the company without limit
    4. The company’s total issued share capital
  7. If a company chooses to use an official seal, what is it traditionally called?
    1. Common seal
    2. Certificate of incorporation
    3. Articles of association
    4. Board resolution
  8. Which type of managers can a company attract more readily when ownership and management are separate?
    1. Corporate
    2. Professional
    3. Robotic
    4. Strategic
  9. Contracts made on behalf of the company even before it is duly incorporated are ___ contracts.
    1. Pre-projected
    2. Pre-registered
    3. Pre-incorporation
    4. Pre-existence
  10. Which audit is required by law to examine a company’s financial statements?
    1. Projected
    2. Functional
    3. Legal
    4. Statutory
  11. Under section 139(1) of the Companies Act, 2013, an auditor appointed at a company’s first annual general meeting ordinarily holds office until the conclusion of which meeting?
    1. The sixth annual general meeting
    2. The fifth annual general meeting
    3. The next annual general meeting
    4. The seventh annual general meeting
  12. A company’s statutory auditor should be a chartered accountant or eligible firm that is ___ from the company’s management and financial interests.
    1. Appointed
    2. Independent
    3. Guaranteed
    4. Verified
  13. In a funds-flow analysis, shareholders’ funds are generally classified as a ___ of funds.
    1. Application
    2. Provision
    3. Format
    4. Sources
  14. Under a company’s articles, what may happen to partly paid shares if a shareholder fails to pay a valid call after due notice?
    1. Underwriting of shares
    2. Defaulted shareholding
    3. Forfeiture of shares
    4. Suspense shares
  15. Under section 63 of the Companies Act, 2013, which of the following reserves cannot be capitalised to issue fully paid-up bonus shares?
    1. Free reserves
    2. Securities premium account
    3. Capital redemption reserve
    4. Reserves created by revaluation of assets
  16. No company limited by shares shall issue any preference shares which are ___.
    1. Irredeemable
    2. Fresh shares
    3. Nominal shares
    4. Limited by shares
  17. An underwriter’s binding commitment to take a specified number of shares or debentures, regardless of public subscription, is called a ___ underwriting commitment.
    1. Complete
    2. Firm
    3. Joint
    4. Subscribed
  18. Under a cargo insurance policy, compensation is generally considered for which event, subject to the policy’s terms and exclusions?
    1. Delay in delivery alone
    2. Intentional loss caused by the insured
    3. Accidental physical loss of insured goods caused by a covered transit peril
    4. Loss caused by inadequate packing by the sender
  19. Which is an instrument of the money market?
    1. Bearer cheque
    2. Draft
    3. Commercial bill
    4. Gift cheque
  20. Compared with Treasury bills, dated Government securities generally have maturities that make them ___ securities.
    1. Liquid
    2. Broad range
    3. Long-term
    4. Participatory
  21. Which of these companies is principally a consumer-goods manufacturer rather than a non-banking financial company (NBFC)?
    1. Bajaj Finance Limited
    2. Tata Capital Limited
    3. Shriram Finance Limited
    4. Hindustan Unilever Limited
  22. In stock-market terminology, an investor who expects share prices to rise is called a ___.
    1. Lame Duck
    2. Bear
    3. Stag
    4. Bull
  23. In the BCG growth-share matrix, what does “BCG” stand for?
    1. Boston Consulting Group
    2. Bombay Consulting Group
    3. British Consulting Group
    4. Boston Corporate Group
  24. A combination of Micro and Macro environment is ___.
    1. Public
    2. Relevant
    3. Demographic
    4. Zero
  25. Grapevine communication represents ___.
    1. Formal
    2. Informal
    3. Vertical
    4. Horizontal
  26. Hawthorne Studies are related to ___.
    1. Industrial conflict
    2. Organisational structure
    3. Employee expectation
    4. Human relations
  27. Meso organisational behaviour is related to ___.
    1. Group
    2. Individual
    3. Frugal
    4. Universal
  28. Which leadership approach explains effectiveness through situational factors and leader–member interactions?
    1. Contingency
    2. Task
    3. Critical
    4. Personality
  29. Transformational leaders articulate ___ and inspire followers.
    1. Vision
    2. Effect
    3. Consequence
    4. Situation
  30. The approach for setting goals and productivity measures based on best industry practices is ___.
    1. Benchmark
    2. Synergy
    3. Niche
    4. Perspective
  31. Feed forward control is the same as ___ control.
    1. Preventive
    2. System
    3. Input
    4. Automated
  32. McGregor's Motivation Theory emphasises ___.
    1. Expectancy theory
    2. Hygiene theory
    3. Contingency theory
    4. Theory X and Theory Y
  33. If people feel uncomfortable with the present situation and see the need to change, this is ___ change.
    1. Composite
    2. Freezing
    3. Optimum
    4. Unfreezing
  34. ___ plans are a part of the performance appraisal process.
    1. Pro-active
    2. Action
    3. Master
    4. Budget
  35. When authority delegated by managers is not wholly withdrawn from them, it is ___.
    1. Reconsideration
    2. Recentralisation
    3. Decentralisation
    4. Centralisation
  36. ___ enables people to make decisions without asking their superiors for permission.
    1. Tendency
    2. Empowerment
    3. Supervision
    4. Balance
  37. A monopolist charging different prices in two different markets will charge a higher price in the market in which the price elasticity of ___.
    1. Demand is greater
    2. Supply is greater
    3. Demand is smaller
    4. Supply is smaller
  38. Under ordinary circumstances, price of a commodity increases when ___.
    1. Only supply curve moves rightward
    2. Only supply curve moves leftward
    3. Only demand curve moves leftward
    4. Supply curve moves rightward and demand curve moves leftward
  39. The demand for labour is a derived demand since it depends on ___.
    1. The elasticity of supply of labour
    2. The demand for other factors of production
    3. The demand for goods and services produced by labour
    4. The nominal wage rate
  40. The shape of average fixed cost curve is ___.
    1. Rectangular hyperbola
    2. Elliptic
    3. Upward rising
    4. Horizontal

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