CBSE Class 12
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Questions and Answers

Which of the following is a requirement for issuing shares in class 12 as per the latest CBSE syllabus?

  • Obtaining approval from the Reserve Bank of India
  • Obtaining approval from the Registrar of Companies (correct)
  • Obtaining approval from the Securities and Exchange Board of India
  • Obtaining approval from the Institute of Chartered Accountants of India

    • What is the maximum number of shareholders allowed for a private company as per the latest CBSE syllabus?

  • 100
  • 500
  • 50 (correct)
  • 200

    • Which of the following is a feature of equity shares as per the latest CBSE syllabus?

  • Cumulative dividend
  • Voting rights (correct)
  • Fixed rate of dividend
  • Preference in repayment of capital

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