Per Companies Act 2013, application money must be at least 5% of nominal value (A-IV). Call amount should not exceed 25% of face value (B-I). SEBI requires minimum subscription of 90% of issued amount (C-II). Interest on calls-in-arrears is 10% p.a. per Table F (D-III).
Match List - I with List - II. | List - I | List - II | |----------|-----------| | (A) Application money should be at least % of the face value of…
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
Match List - I with List - II.
| List - I | List - II |
|---|---|
| (A) Application money should be at least ____% of the face value of the share | (I) 25% |
| (B) The amount of Call should not exceed ____% of the face value of the share | (II) 90% |
| (C) Minimum subscription of capital cannot be less than ____ of the issued amount according to SEBI guidelines | (III) 10% |
| (D) Interest charged on call-in-arrears is @ ______ p.a. | (IV) 5% |
Choose the correct answer from the options given below :
Official previous-year question
Held on 28 May 2023 · Verified 13 Jul 2026.
Options
- A
(A)-(IV), (B)-(I), (C)-(II), (D)-(III)
- B
(A)-(II), (B)-(III), (C)-(IV), (D)-(I)
- C
(A)-(IV), (B)-(II), (C)-(I), (D)-(III)
- D
(A)-(III), (B)-(I), (C)-(IV), (D)-(II)
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