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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?
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?
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?
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
