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Securities Premium Questions

Practice 5 Securities Premium questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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5
Total Questions
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4
Medium
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Practice by Exam:CUET Accountancy(3)Accountancy(2)

About Securities Premium — practice questions, PYQs & concepts

Securities Premium is a frequently-tested topic on CUET Accountancy, Accountancy. ExamTest.live currently lists 5 Securities Premium questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Securities Premium weight in competitive exams

Across our Securities Premium question bank, the largest sources are CUET Accountancy (3) and Accountancy (2). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 1 easy Securities Premium questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Securities Premium Questions(1–5 of 5)

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Q1easymcqAccountancyCUET Accountancy 2022 15 July Shift 22026
0% accuracy
Hero Ltd. started a new venture of making casual shirts. The directors decided to issue shares of each at each. The following assets were purchased by the company:A building of lakhsFurniture of lakhsMachinery of lakhsThe company purchased cloth of lakhs and paid wages to the workers. The Directors also decided to buy shares of TATA Ltd. of each and at the end of the year Tata Ltd. paid as dividend.Security Premium Reserve can be used by Hero Ltd. for:
Q2mediummcqCUET AccountancyCUET Accountancy 16 July Shift 22026
Securities Premium Reserve can be used to:A. Issue new shares to existing shareholdersB. Write off Preliminary expensesC. Writing off of GoodwillD. Premium on Redemption of debenturesE. Issue fully paid Bonus SharesChoose the correct answer from the options given below:
Q3mediummcqCUET AccountancyCUET Accountancy 2025 15 May Shift 12026
Securities Premium Account can be used only for the following purposes:(A) To issue partly paid bonus shares to the extent not exceeding unissued share capital of the company;(B). Buy back of own shares.(C). To write-off the expenses of, or commission paid, or discount allowed on any securities of the company;(D). To pay premium on the redemption of preference shares or debentures of the company.Choose the correct answer from the options given below:
Q4mediummcqAccountancyCUET Accountancy2026
The balance in the securities premium account cannot be used for which of the following purposes?
Q5mediummcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
According to Section 52(2) of the Companies Act, 2013, the Securities Premium balance can be utilized for which of the following purposes?(A) Writing off preliminary expenses.(B) Issuing fully paid bonus shares.(C) Payment of dividends.(D) Buy-back of shares.Choose the correct answer from the options given below:

Frequently Asked Questions

How many Securities Premium questions are on ExamTest.live?▼
We have 5 Securities Premium questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Securities Premium MCQs free?▼
Yes. All Securities Premium questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Securities Premium questions?▼
Securities Premium questions are commonly asked in CUET Accountancy, Accountancy. You can filter by exam using the links above.
How do I practice Securities Premium questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.