CA Final Paper 4

Case Scenario MCQs

50 Questions from ICAI MCQ Booklet

Questions

50

Est. Time

100 min

Source

ICAI Booklet

Sample Questions: Case Scenario MCQs

Preview 3 of 50 questions from ICAI MCQ Booklet

1. [Case 1] WRPC (Government company with 14 Directors) wants to appoint 2 more Executive Directors (Rajan-CA, Sanjay-CS) due to increased business and compliance needs. How can they do this?

A) Can appoint only one as statutory limit is 15 Directors.
B) Increase to 16 Directors by passing Ordinary Resolution.
C) Increase to 16 Directors by passing Special Resolution. ✓
D) Being Government company, exempt from Special Resolution - can increase without ...

Topic: Maximum Directors - Government Company

2. [Case 1] CBPL (Pvt. Co., paid-up Rs.100 Cr, turnover Rs.350 Cr) and PISCO (turnover Rs.305 Cr) - neither appointed woman Director. Based on 31.03.2020 financials, which must appoint?

A) CBPL based on 31.03.2019 financials.
B) PISCO based on 31.03.2019 financials.
C) PISCO based on 31.03.2020 financials. ✓
D) CBPL based on 31.03.2020 financials.

Topic: Woman Director Requirement

3. [Case 1] Both CBPL and PISCO Electronics are required to appoint which KMP mandatorily?

A) Whole-time CFO.
B) Whole-time Company Secretary. ✓
C) Both CFO and CS.
D) All KMPs as prescribed.

Topic: Mandatory KMP Appointment

About CA Final Corporate Laws Case Scenarios

These 50 case-based MCQs test your ability to apply corporate law provisions to real-world business situations. Each case scenario presents a company-specific fact pattern covering director appointments, scheme of arrangement, Nidhi company regulations, FEMA compliance, and IBC resolution processes.

All case scenarios are from the official ICAI MCQ Booklet. The CA Final exam typically includes 4-5 case scenarios worth 30 marks. Practicing application-based questions builds the analytical skills needed to interpret legal provisions in context and select the correct answer under exam conditions.

Source: ICAI Board of Studies – MCQs & Case Scenarios for Corporate & Economic Laws