| 1 |
Those debentures wihch carry no security as to payment of interest or repayment of principal, are known as. |
- A. Morigage debentures
- B. Secured debentures
- C. Simple or naked debentures
- D. None of these
|
| 2 |
The liability of the shareholder of a public limited company is. |
- A. Unlimited
- B. Limited
- C. Compulsory
- D. None of these
|
| 3 |
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
|
| 4 |
The toal amount of capital, in case of company is divided into small units, these units are called. |
- A. Bonds
- B. Cheque
- C. Share
- D. Reserve
|
| 5 |
A company comes into existence when the registrar issue the |
- A. Prospectus
- B. Certificate of incorporation
- C. statement in Lieu of prospectus
- D. Companies ordinance
|
| 6 |
The debentures which are repayable at the end of a specified period are termed as. |
- A. Redeemeble debentures
- B. Irredeemable debentures
- C. Repayable debetures
- D. None of these
|
| 7 |
Share capital int he balance sheet is known as. |
- A. Asset
- B. Liability
- C. Income
- D. Reserve
|
| 8 |
The credit balacne of the retained earnings statement represents. |
- A. Undisturbed Profit
- B. Divided declared
- C. Profit distributed
- D. None of these
|
| 9 |
Dividend is calculated on. |
- A. Registered capital
- B. Issue Capital
- C. Paid up Capital
- D. Subscribed Capital
|
| 10 |
The face value of the share is also known as. |
- A. Book value
- B. Par value
- C. Market value
- D. None of these
|
