1 |
Equity share holders are. |
- A. Creditors
- B. Owners
- C. Customers of the company
- D. Debtors of the company
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2 |
In case of private company minimum numebr of sharaeholders are. |
- A. Six
- B. Seven
- C. Ten
- D. Two
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3 |
If the price required to be paid to the company for the share is more than nominal value of that share, it is called. |
- A. At discount
- B. At premium
- C. At par
- D. None of these
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4 |
Interest on dividend is paid. |
- A. At the end of financial period
- B. During the fiancancial year
- C. At the time of incorporation
- D. At the time of winding of company
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5 |
A certificat issue by the company under its seal acknowledging a debt due by it to its holder, is called. |
- A. Debenture
- B. Certificate of commencement
- C. Acknowledge certificate
- D. Noen of these
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6 |
The sum total of the nominal vaue of shares of company is called is. |
- A. Issued capital
- B. Subscribed capital
- C. Share capital
- D. Called up capital
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7 |
premium on issue of shares is shown in. |
- A. Assets side of balance sheet
- B. Liabilities side of balance sheet
- C. Trading account
- D. Profit and loss account
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8 |
The face value of the share is also known as. |
- A. Book value
- B. Par value
- C. Market value
- D. None of these
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9 |
The profit earned prior to the date of incorporatin is. |
- A. Revenue profit
- B. Capital profit
- C. Capital gain
- D. Revenue gain
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10 |
A prospectus for subscription of shares can be issued only by. |
- A. Public company
- B. A private company
- C. Both public and private company
- D. None of these
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