2 Statutory Provisions questions from CUET Accountancy 2023 28 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Statutory Provisions — CUET Accountancy 2023 28 May Shift 1(1–2 of 2)
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Q1mediummcqAccountancyCUET Accountancy 2023 28 May Shift 12026
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Match List - I with List - II according to SEBI Guidelines and the Companies Act, 2013: \begin{array}{|l|l|}\hline\textbf{List - I} & \textbf{List - II} \ \hline\text{(A) Application money must be at least ____% of the face value of the share} & \text{(I) } 25% \\text{(B) The amount of a single Call should not exceed ____% of the face value of the share} & \text{(II) } 90% \\text{(C) Minimum subscription cannot be less than ____% of the issued amount under SEBI guidelines} & \text{(III) } 10% \\text{(D) Max interest charged on call-in-arrears under Table F is @ ____% p.a.} & \text{(IV) } 5% \ \hline\end{array} Choose the correct answer from the options given below:
Q2mediummcqAccountancyCUET Accountancy 2023 28 May Shift 12026
Match List - I with List - II according to SEBI Guidelines and the Companies Act, 2013: \begin{array}{|l|l|}
\hline
\textbf{List - I} & \textbf{List - II} \\ \hline
\text{(A) Application money must be at least \_\_\_\_% of the face value of the share} & \text{(I) } 25\% \\
\text{(B) The amount of a single Call should not exceed \_\_\_\_% of the face value of the share} & \text{(II) } 90\% \\
\text{(C) Minimum subscription cannot be less than \_\_\_\_% of the issued amount under SEBI guidelines} & \text{(III) } 10\% \\
\text{(D) Max interest charged on call-in-arrears under Table F is @ \_\_\_\_% p.a.} & \text{(IV) } 5\% \\ \hline
\end{array} Choose the correct answer from the options given below: