Class XII

Amount of Calls in Arrears will be deducted from______ under share capital
  1. Issued Capital
  2. Called up capital
  3. Authorised capital
  4. Subscribe but not fully paid up
When a company makes an offer or invites the public in general to subscribe its shares, it is known as _______
  1. Initial Public Offer (IPO)
  2. Issue of shares at par
  3. Issue of shares at premium
  4. Private Placement of shares
In case of a public company, it must have at least _____ Directors.
  1. 5
  2. 7
  3. 2
  4. 3
What is paid to the Shareholders?
  1. Interest
  2. Salary
  3. Debentures
  4. Dividend
What is the correct order of the following items? •Authorised Capital •Subscribed but not fully paid-up •Issued Capital •Subscribed and Fully paid-up
  1. •Authorised Capital •Subscribed but not fully paid-up •Issued Capital •Subscribed and Fully paid-up
  2. •Authorised Capital •Issued Capital •Subscribed but not fully paid-up •Subscribed and Fully paid-up
  3. •Issued Capital •Authorised Capital •Subscribed and Fully paid-up •Subscribed but not fully paid-up
  4. •Authorised Capital •Issued Capital •Subscribed and Fully paid-up •Subscribed but not fully paid-up
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