Every Book Back multiple-choice question from Company Management (12th Standard Commerce, Samacheer Kalvi) — each with the correct option highlighted and a clear, worked explanation. Free to read in English and Tamil.
A person shall hold office as a director in ________ companies as per the Companies Act, 2013.
A. 5 companies
B. 10 companies
C. 20 companiesCorrect
D. 15 companies
Explanation. Under Section 165 of the Companies Act, 2013 a person can hold directorship in different companies up to a maximum of 20, of which public companies are limited to 10.
Q2
A Private Company shall have a minimum of ________.
A. Seven directors
B. Five directors
C. Three directors
D. Two directorsCorrect
Explanation. Section 149(1) requires a minimum of three directors in a public company, two in a private company and one in a One Person Company.
Q3
A Public Company having a paid up Share Capital of Rs. ________ or more may have a Director, elected by such small shareholders.
A. One crore
B. Three crores
C. Five croresCorrect
D. Seven crores
Explanation. The printed answer key of both books gives Rs. five crores. The lesson itself only says small shareholders may elect a director after a notice by 1,000 shareholders or one-tenth of the shareholders.
Q4
What is the status of Directors who regulate the money of the company?
A. Banker
B. Holder
C. Agent
D. TrusteesCorrect
Explanation. Directors are trustees of the company's money and property; they must safeguard them and use them for the sake of the company and on its behalf.
Q5
According to the Companies Act, the Directors must be appointed by the ________.
A. Central Government
B. Company Law Tribunal
C. Company in General MeetingCorrect
D. Board of Directors
Explanation. The general provisions on appointment say every director should be appointed by the company in general meeting as per the provisions of the Act.
These are the Book Back multiple-choice questions for Company Management 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 Company Management?
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 Company Management 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.
