1. Whether a company needs to submit the Foreign Assets and Liabilities (FLA) Return with the Reserve Bank of India if it has received only share application money and does not have any outstanding Foreign Direct Investment (FDI) or Overseas Direct Investment (ODI) as of the end of March?

1. Yes
2. No

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

1. Yes
2. No

3. Whether the preference shareholders have the right to vote on a resolution for the repayment or reduction of the equity or preference share capital of the Company?

1. Yes
2. No

4. Whether a Small Shareholder Director eligible for reappointment after the expiry of his tenure?

1. Yes
2. No

5. Whether the Company Secretary of the Company is mandatorily required to sign the Financial Statements of the Company?

1. Yes
2. No

(Ans. 1.2, 2.1, 3.1, 4.2, 5.1)