Free online practice test
Companies Act Sectional Test 1
SEBI Grade A · Securities and Exchange Board of India: Officer Grade A (Assistant Manager), General Stream
Syllabus-checked original practice
Mapped to the official Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.
View official syllabus sourceBefore you begin
- 1This sectional test contains 12 original Companies Act questions.
- 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
- 3You can mark a question for review and come back to it later using the question palette.
- 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- 5You can review your answers and explanations for every question immediately after submitting.
About this SEBI Grade A Companies Act sectional test
This sectional test isolates Companies Act from the SEBI Grade A Phase II: Paper 2 (General Stream) pattern, so you can drill it on its own instead of only meeting it inside the full mock. It draws 12 original practice questions across 12 distinct topics, syllabus-checked the same as our full mocks.
Topics covered
Auditors
1 question
Board Meetings
1 question
Buyback of Shares
1 question
Declaration of Dividend
1 question
Further Issue of Share Capital
1 question
Independent Directors
1 question
National Company Law Tribunal
1 question
Private Placement
1 question
Prospectus and Allotment
1 question
Quorum for Board Meetings
1 question
Rotation of Auditors
1 question
Unpaid Dividend
1 question
Scoring and result analysis
Correct answers earn 1 mark and wrong answers deduct 0.25 marks. Unattempted questions score zero. This section's 12 questions are difficulty-tagged: 12 hard. After submitting, you receive topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official SEBI Grade A question paper?
No. It's an independent practice test with original Companies Act questions, mapped to the official SEBI Grade A Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.
How many questions are in this Companies Act sectional test, and how long is it?
12 questions in 11 minutes.
Which topics does this test focus on?
It spans 12 topics, with the heaviest coverage on Auditors, Board Meetings, and Buyback of Shares.
Is there negative marking in this test?
Yes. Each wrong answer deducts 0.25 marks, and each correct answer earns 1 mark. Unattempted questions score zero.