Online Proficiency Self-Assessment Test

Here you have the best IICA Online Proficiency Self-Assessment Test practice exam questions

  • You have 50 total questions across 10 pages (5 per page)
  • These questions were last updated on March 23, 2026
  • This site is not affiliated with or endorsed by IICA.
Question 1 of 50
Which is not a right available to preference shareholders?
Answer

Suggested Answer

The suggested answer is C.

Question 2 of 50
XYZ Company, is having 10% share capital held by another Public Company and 35% held by Central Government and 55% held by people. The Company is:
Answer

Suggested Answer

The suggested answer is C.

Question 3 of 50
If the acquirer acquires control over the target, it has:
Answer

Suggested Answer

The suggested answer is C.

Question 4 of 50
The minority shareholder may bring an action against the company, where although there is no fraud, there is a breach of duty by directors and majority shareholders to the detriment of the company.
Answer

Suggested Answer

The suggested answer is B.

Question 5 of 50
"Public offer" includes initial public offer or further public offer of securities to the public by a company.
Answer

Suggested Answer

The suggested answer is A.

About the IICA Online Proficiency Self-Assessment Test Certification Exam

About the Exam

The IICA Online Proficiency Self-Assessment Test (Online Proficiency Self-Assessment Test) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 50 practice questions across 10 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our Online Proficiency Self-Assessment Test questions are regularly updated to reflect the latest exam objectives.