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Directors_ Powers and Duties MCQs for Competitive Exams

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Directors_ Powers and Duties MCQs for Competitive Exams

Practice with answers, explanations, and exam-focused revision notes.

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Topic Notes: Directors_ Powers and Duties

These notes summarize the key preparation context before you attempt the MCQs. Review the topic focus, then practice the questions below with answers and explanations.

Quick Overview

Directors_ Powers and Duties MCQs in Commerce are useful for candidates who need targeted practice for CSS, PMS, FPSC, PPSC, NTS, entry tests, and other competitive exams in Pakistan. This topic page is designed for quick revision, repeated practice, and exam-focused preparation.

Attempt the questions page by page, check the correct answers, read the explanations where available, and compare your weak areas with past papers and mock test performance. Consistent MCQ practice improves speed, confidence, and retention for objective exam sections.

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21
What is the minimum number of directors required for a private limited company?
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22
Who is primarily responsible for the management of a company?
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23
Who or what is eligible to serve as a director of a company?
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24
Which type of business entity is exempt from the requirement that directors must retire by rotation?
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25
Which section of the Companies Act, 2013 specifies the minimum number of directors required for public, private, and one-person companies?
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26
Under Section 151 of the Companies Act, how many directors may a listed company elect to represent 'small shareholders', defined as those holding shares with a nominal value not exceeding twenty thousand rupees?
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27
Which of the following statements regarding the legal status and authority of a company secretary is incorrect?
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28
Who is responsible for the appointment of the first director of a company?
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29
Which body serves as the primary administrative authority responsible for the governance of a company?
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30
Which of the following actions falls outside the scope of a Company Secretary's authority?
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