Question # 1

The debentures which are payable to bearere, are termed as.

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None transfereble

Registered debentures

Bearer debentures

Non - bearere debentures

The toal amount of capital, in case of company is divided into small units, these units are called.

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Bonds

Cheque

Share

Reserve

The joint stock company is formed under companies ordiance.

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1984

1974

1884

1962

Ordinary shares are also known as.

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Equity shares

Deffered shares

Bonus shares

Preference shares

Dividend is calculated on.

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Registered capital

Issue Capital

Paid up Capital

Subscribed Capital

premium on issue of shares is shown in.

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Assets side of balance sheet

Liabilities side of balance sheet

Trading account

Profit and loss account

If the price required to be paid to the company for the share is more than nominal value of that share, it is called.

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At discount

At premium

At par

None of these

The debentures which does not carry any charges o the assets of the company.

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Simple debentures

Mortagage debentures

Redeemable debentures

None of these

Equity share holders are.

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Creditors

Owners

Customers of the company

Debtors of the company

The amount of share capital with which a company is registered is called.

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Authorized capital

Issued capital

Paid up capital

Called up capital

If the price required to be paid to the company for the share less than the nominal value of that share, it is called shares.

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At discount

At primium

At par

None of these

Share capital int he balance sheet is known as.

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Asset

Liability

Income

Reserve

In case of public company minimum number of members is.

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Six

Seven

Ten

Fifty

The rules and regulation foverning the internal management and administration of the company are called.

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Memorandum of assocaition

Articles of association

Prospectus

None of these

The company formed by teh means of Royal Charter is called.

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Public limited company

Private limited company

Charterd company

Registered company

A company in which memebr gives a guarantee to contribute a specified sum to the company of its being wound up is called.

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Limited company

Un limited company

Company limited by guarantee

Chartered company

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