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easyMCQCUET 2025 31 May Shift 12026CUET Accountancy
1 mark

Interest on calls in advance is provided at a rate not exceeding ........ as per "Table F":

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

According to Table F of Schedule I of the Companies Act, 2013, interest on calls in advance can be paid by a company at a rate specified in its Articles of Association, but it cannot exceed per annum. (Note: Interest on calls in arrears cannot exceed per annum under the same table).

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Interest on calls in advance is provided at a rate not exceeding ........ as per "Table F":
A
B
C
D

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