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Companies Act, 2013 Book Back One Mark Questions with Answers & Explanations (12th Standard Commerce)

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Every Book Back multiple-choice question from Companies Act, 2013 (12th Standard Commerce, Samacheer Kalvi) — each with the correct option highlighted and a clear, worked explanation. Free to read in English and Tamil.

Answer key at a glance

Q1
The Company will have to issue the notice of situation of Registered Office to the Registrar of Companies within _____ days from the date of incorporation.
  • A. 14 days
  • B. 21 days
  • C. 30 DaysCorrect
  • D. 60 Days
Explanation. The book's answer key gives (c) 30 days: a company must notify the Registrar of Companies of the situation of its registered office within 30 days of incorporation.
Q2
How does a person who envisages the idea to form a company called?
  • A. Director
  • B. Company Secretary
  • C. Registrar
  • D. PromoterCorrect
Explanation. Formation of a company starts with promotion, the stage when a person conceives the idea of forming a company. That person is the promoter. The book's key also gives (d).
Q3
Which of the following types of shares are issued by a company to raise capital from the existing shareholders?
  • A. Equity Shares
  • B. Rights SharesCorrect
  • C. Preference Shares
  • D. Bonus Shares
Explanation. Section 26.06 says right shares are issued to increase subscribed capital and are offered primarily to the existing equity shareholders through a letter of offer on a pro rata basis. The key gives (b).
Q4
The shares which are offered to the existing shareholder at free of cost is known as ___________.
  • A. Bonus ShareCorrect
  • B. Equity Share
  • C. Right Share
  • D. Preference Share
Explanation. Bonus shares are issued to existing shareholders out of the company's reserves and surpluses without taking any consideration, that is, free of cost. The book's key also gives (a).
Q5
The shares which are offered first to the existing shareholder at reduced price is known as _____________.
  • A. Bonus Share
  • B. Equity Share
  • C. Right ShareCorrect
  • D. Preference Share
Explanation. The 'reduced price' in the question points to right shares, which are offered first to the existing equity shareholders on a pro rata basis; bonus shares are free. The book's key also gives (c).
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About these Companies Act, 2013 questions

These are the Book Back multiple-choice questions for Companies Act, 2013 from the Tamil Nadu State Board (Samacheer Kalvi) 12th Standard Commerce syllabus. Each question shows the correct option and an original, step-by-step explanation so you understand the method, not just the answer. Use the answer key above to jump to any question, then take the practice test to check yourself under exam-like conditions.

Frequently asked questions

How many MCQs are there in Companies Act, 2013?

This chapter has 5 book-back multiple-choice questions, each with the correct answer and a step-by-step explanation.

Are these 12th Standard Commerce MCQs free to practise online?

Yes. Every question, answer and explanation here is free, and you can also take them as a timed practice test.

Where can I find the Companies Act, 2013 book-back answers?

The correct option for each question is highlighted on this page with a worked explanation, plus a quick answer-key summary at the top.

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