Prospectus
MCQ Assessment
Question 1
A shelf prospectus filed with the ROC shall remain valid for a period of
a) one year from the date of registration
b) one year from the date of closing of first issue
c) one year from the date of opening of first issue
d) Ninety days from the date on which a copy was delivered to ROC
Question 2
A prospectus which does not include complete particulars of the quantum or price of the securities
included therein is called:
a) A deemed Prospectus
b) A Shelf Prospectus
c) An Abridged Prospectus
d) A Red Herring Prospectus
Question 3
A Private Company cannot issue securities through:
a) Private Placement
b) Public Offer
c) Right Issue
d) Bonus Issue
Question 4
Swastik Runners Ltd is a company engaged in manufacturing of trade mill. The company plans to
issue equity shares to the public in a phased manner during the time period of one year. The company
do not want to issue prospectus every time. What is the best option available to the company:
a) Issue Red herring Prospectus
b) Issue Shelf Prospectus
c) Issue Abridged Prospectus
d) Issue any other document
Question 5
Which of the following statement is contrary to the provisions of the Companies Act, 2013?
a) A private company can make a private placement of its securities.
b) The company has to pass a special resolution for private placement.
c) Minimum offer per person should have Market Value of `20,000.
d) A public company can make a private placement of its securities.
Answers
1 c
2 d
3 b
4 b
5 c
