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ISSUE OF SHARES. SPCC - ISSUE OF SHARES.

Gujarat Board (GSEB) - STD 12 Commerce - SPCC (GSEB - English Medium). 171 questions in this chapter.

Question types

ISSUE OF SHARES. question types

171 questions across 5 question groups — pick any mix to generate a SPCC paper with step-by-step answer keys.

171
Questions
5
Question groups
5
Question types
Sample Questions

ISSUE OF SHARES. questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
Letter of renunciation is related to
  • A
    Share forfeiture
  • B
    Resignation of promoters
  • ✓
    Rights share
  • D
    Refund of share application money

Answer: C.

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Q 2MCQ1 Mark
What is returning of share certificates to the company by shareholder called ?
  • A
    Buy back of shares
  • ✓
    Share surrender
  • C
    Share split
  • D
    Offer for sale

Answer: B.

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Q 3MCQ1 Mark
Right share means
  • A
    Shares to be alloted to employees
  • B
    Shares to be alloted to promoters
  • ✓
    Shares to be alloted to existing shareholders
  • D
    Shares without consideration

Answer: C.

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Q 4MCQ1 Mark
How is share application done in recent time?
  • A
    By making application to SEBI
  • B
    By depositing application and cheque
  • ✓
    By filling ASBA form and getting share application money blocked in the bank account of applicant.
  • D
    By making application to Registrar of Companies.

Answer: C.

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Q 5MCQ1 Mark
Minimum gap between two instalments should be
  • ✓
    $1$ month
  • B
    $2$ months
  • C
    $3$ months
  • D
    $4$ months.

Answer: A.

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