Select the correct answer from the options given below and rewrite the statement:

i. Representatives of shareholders are ________ 

(a) directors 

(b) employees 

(c) servants

ii. The notice of the meeting of the Board of Directors must be accompanied by ________

(a) agenda 

(b) minutes 

(c) resolution

iii. ____________ looks after the management of a company. 

(a) Board of Directors 

(b) Auditor 

(c) Company Secretary

iv. The Directors take decisions at _________ meeting. 

(a) Annual General 

(b) Board 

(c) Statutory

v. According to Section 167(1)(b) of the Companies Act 2013, if a director absents himself from all the meetings of the Board, for a period of ____________ months or more, with or without the leave of the Board, he shall be deemed to have vacated his office.

(a) 12 

(b) 10 

(c) 9

vi. Every company except OPC and the small company shall hold minimum _________ Board Meetings in each year.

(a) 4 

(b) 3

(c) 5

vii. The gap between two consecutive Board Meetings should not be more than _________ days. 

(a) 120 

(b) 110 

(c) 130

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1 Answers

i. (a) directors

ii. (a) agenda

iii. (a) Board of Directors

iv. (b) Board

v. (a) 12

vi. (a) 4

vii. (a) 120

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