OICL Specialist Officer Finance Exam 2015 Question Paper

Instructions

For the following questions answer them individually

Question 31

Every public company having paidup
share capital of more than____ shall appoint
an internal auditor as per the provisions of The Company’s Act, 2013.

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Question 32

The accounting standards Ind AS 12 refers to

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Question 33

M/s Computer india has currently 10,00,000 shares outstanding with market price of
Rs. 20/each.
The company proposes to issue 2,00,000 additional shares at an issue
price of Rs. 25/each.
What is the theoretical price of the diluted price of the share after
the issue?

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Question 34

Every alternation of the articles of the company shall be filed with the registrar in the
prescribed manner within a period of days, as per The Company’s Act 2013?

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Question 35

The turnover for one person company, as per provisions of The Company’s Act 2013 is
maximum

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Question 36

In a private company. the number of total members as per The Company’s 2013, has
been increased from 30 to

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Question 37

Which Chapter of the Company’s Act 2013 defines the acceptance of deposits by
companies?

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Question 38

The tax rate applicable for a film is 33%. If its operating expense decreases by INR 10
million, net profit (PAT) will

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Question 39

In case of an index fund scheme of exchange traded fund, the total expenses of the
scheme including the investment and advisory fees shall not exceed of the weekly
average net assets.

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Question 40

Capital at the beginning of the year was Rs. 10 lakhs and drawings were Rs. 1 lakhs
during the year. The prolit in the year was Rs. 4 lakhs and capital introduced was
Rs.2lakhs. Capital at the end is

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