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CBSE Class 12

Created by

@RaptEnlightenment6105

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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