1. Whether a subsidiary company hold shares in its Holding Company through a nominee?

1. Yes
2. No

2. Whether the preference shareholders have the right to vote on a resolution for the winding up of the Company?

1. Yes
2. No

3. Whether any amount received as an advance under long-term projects for the supply of capital goods be treated as a “Deposit” under the Companies Act, 2013?

1. Yes
2. No

4. Whether a Non-Banking Financial Company (NBFC) is allowed to have more than two layers of subsidiaries?

1. Yes
2. No

5. Whether Independent Director is liable to retire by rotation?

1. Yes
2. No

6. Whether a Statutory Auditor of a company conduct an Internal Audit of the same company as per the Companies Act, 2013?

1. Yes
2. No

(Ans:  1- b, 2- a, 3-b, 4-a, 5-b ,6-b)