Business Studies

For passing an ordinary resolution, _____ percent votes are necessary. 


ANSWER

more than 50


SOLUTION
An ordinary resolution refers to a resolution passed by the members of the company by a simple majority. At least 51% members's consent should be recorded in favor of the motion passed in an ordinary resolution.
View Full Answer

Its FREE, you're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 145
Enroll Now For FREE

Realted Questions

Q1 TRUE/FALSE Medium
State the following statement is True or False:
Request of secretary to the bank not to make the payment of cheque is known as stop payment.
  • A. True
  • B. False

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Which of the following is/are the specialized bank(s) of India?
  • A. Industrial Development Bank of India
  • B. EXIM Bank
  • C. Rural Credit Bank
  • D. All of the above

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Select the option from the choices given below:
_______ is suitable mainly for hull insurance.
  • A. Average policy
  • B. Floating policy
  • C. Fleet policy
  • D. None of these

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
In India, presently the health insurance exists primarily in the form of _______.
  • A. First-Aid policy
  • B. Mediclaim policy
  • C. Hospital policy
  • D. ICU policy

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Technological improvements are similar to international trade since both ____________________.
  • A. increase the nation's aggregate Income
  • B. reduce unemployment for all domestic markers
  • C. neither helps in exports nor in imports
  • D. make loss to nation

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer