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CMA Final Exam: Corporate Laws & Compliance
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The exam covers topics such as:
The Companies Act, 2013
Laws and procedures of corporate restructuring
SEBI laws and regulations
The Competition Act, 2002 and its role in corporate governance
Laws related to the banking and insurance sector

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CMA Final Exam: Corporate Laws & Compliance
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25 Questions

1. Every Banking Company incorporated in India shall prepare a balance sheet and profit and loss account as on the last working day of the
2. The provisions of Insolvency and Bankruptcy Code, 2016 applies, in relation to _____________.
3. Suspicious transaction means a transaction whether or not made in cash which, to a person acting in good faith and
4. Any person aggrieved by an order of NCLT may prefer an appeal to the Appellate Tribunal within a period of ___________ from the date on which a copy of the order of the Tribunal is made available to the person aggrieved.
5. Matters not to be dealt with in a meeting through video conferencing or other audio- visual means:
6. Every listed Public Company shall have
7. Which of the following FDI in resident entities is not eligible as investee entities?
8. Sub section (2) of section 173 allows directors to attend Board meetings:
9. Moratorium shall not apply to such transactions as may be notified by the Central Government in consultation with
10. On the determination of sickness of a company by the Tribunal, the applicant shall make an application accompanied with Audited Financial Statements etc. for revival or rehabilitation within
11. A Government department supplying water for irrigation to the agriculturists after levying charges for water supplied can be considered as
12. Corporate Governance is a blend of the Internal and External Corporate Governance
13. The process of money laundering generally involves three stages. Which is the second stage?
14. SEBI has three functions rolled into one body. Which of the following is not the function of SEBI?
15. _________ means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in
India.
16. Which of the following is not the benefits of CSR Programme?
17. A promise whereby the assured undertakes that some particular thing shall or shall not be done or that some conditions shall be fulfilled or affirms or negatives the existence of a particular state of facts. This principle of Insurance is known as
18.
19. Business should _______ the interests of and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized.
20. Every Company shall hold the first Board meeting within
21. Which of the following is the advantage of the family business over non-family business?
22. Export under Foreign Exchange Management Act, 1999 means:
23. Foreign Currency Convertible Bond (FCCB) means ___________________
24. A company registered under ______________ shall amalgamate only with another company registered under this Section and having similar objects
25. The asset in respect of which no default in repayment of principal or payment of interest has occurred is known as