In order to meet them production must be carried on a _________

(a)

small scale

(b)

large scale

(c)

medium scale

(d)

none of these

The capital of companies is divided into small units called __________

(a)

shares

(b)

debentures

(c)

dividend

(d)

none of these

The money raised by issuing shares is called

(a)

Share capital

(b)

Dividend

(c)

Equity capital

(d)

Share application

Profits are distributed among the shareholders in the form of ___________

(a)

shares

(b)

dividends

(c)

both

(d)

none of these

The liability of the shareholders of the company is limited to the extent of face value of the shares held by the ___________

(a)

shareholders

(b)

cardholders

(c)

debenture holders

(d)

none of these

The capital of a company is divided into small units of ________

(a)

current amount

(b)

fixed amount

(c)

capital amount

(d)

none of these

Equity shares do not enjoy any ___________

(a)

Equity rights

(b)

Preference rights

(c)

Dividend of rights

(d)

Ordinary shares

Equity shares are also known as

(a)

authorised capital

(b)

issued capital

(c)

subscribed capital

(d)

ordinary shares

Authorised capital is also known as ____________

(a)

paid up capital

(b)

called up capital

(c)

nominal capital

(d)

subscribed capital

Paid up capital is that part of called up capital which has been actually paid by the ____________

(a)

shareholders

(b)

members

(c)

cardholders

(d)

directors

Issue of equity shares to the public through prospectus by a public company is call ___________

(a)

Public issue

(b)

Private placement

(c)

Rights issue

(d)

Bonus issue

Issue of equity shares to the existing share holders of the company through a letter of offer is known as ____________

(a)

public issue

(b)

rights issue

(c)

bonus issue

(d)

private placement

Issue of equity shares to the existing shareholders of the company free of cost out of a accumulated profit is known as __________

(a)

private placement

(b)

public issue

(c)

rights issue

(d)

bonus issue

First installment called __________

(a)

application money

(b)

allotment money

(c)

first call money

(d)

final call money

Second installment called _______

(a)

first call money

(b)

allotment money

(c)

final call money

(d)

application money