Q.1. | Aster Classes

Chapter 3, Issue of Shares, SP, secretarial practice, hsc, Maharashtra board, new edition, ebalbharathi solution,

Select the correct answer from the options given below and rewrite the statement.

1.______ refers to capital made up of Equity and preference shares

Options
  • Share capital
  • Debt capital
  • Reserve fund

2.______ capital refers to maximum capital a company can raise by issuing shares.

Options
  • Issued
  • Authorised
  • Paid-up

3.______ means shares are offered to the public.

Options
  • Rights Issue
  • Private Placement
  • Public Issue

4.Under ______ method, issue price of shares is based on bidding.

Options
  • Book Building
  • Fixed Price
  • Bonus Issue

5.In ______, shares of a company are offered to the public for the first time.

Options
  • Further Public Offer
  • Initial Public Offer
  • Public Offer

6.______ is offered to existing equity shareholders.

Options
  • IPO
  • ESOS
  • Rights Issue

7.Bonus shares are issued free of cost to ______

Options
  • existing Equity shareholders
  • existing employees
  • Directors

8.______ are offered to permanent employees, Directors and Officers of a company.

Options
  • Bonus Shares
  • Rights Issue
  • ESOS

9.Under ______, a company offers its securities to a select group of persons not exceeding 200.

Options
  • Private Placement
  • IPO
  • Public Offer

10.The ______ have the power to allot shares.

Options
  • Director
  • Board of Directors
  • Company Secretary

11.Letter of ______ is sent to applicants who have been given shares by the company.

Options
  • Regret
  • Renunciation
  • Allotment

12.______ is a proof of title to Shares.

Options
  • Share Certificate
  • Register of Member
  • Letter of Allotment

13.The gap between two calls should not be less than ______

Options
  • 14 days
  • One month
  • 21 days

14.Company can ______ shares on non-payment of calls.

Options
  • forfeit
  • surrender
  • allot

15.Voluntarily giving away one’s share to another person is called as______of shares.

Options
  • Transfer
  • Transmission
  • Surrender

16.______ of shares takes place due to operation of law.

Options
  • Forfeiture
  • Allotment
  • Transmission

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