Multiple Choice
Balance of forfeited share is …….
A) Revenue Reserve
B) Capital Reserve
C) Secret Reserve
D) Security Premium
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Interest on debenture is ……….<br>A)Adjustment of profit<br>B)Appropriation
Q3: . …………debentures are secured by the assets
Q4: The forfeited shares can be reissued at
Q5: The allotment of shares in case of
Q6: Debentures can be redeemed out of ……….<br>A)Fresh
Q8: Debenture holders will get ……..<br>A)Dividend<br>B)Interest<br>C)Profit<br>D)All of these
Q9: . ………..debentures are transferable by mere delivery<br>A)Naked<br>B)Mortgage<br>C)Registered<br>D)Bearer
Q10: FCD stands for ……………<br>A)Fixed Charge Debentures<br>B)Floating Charge
Q11: Discount or loss on issue of debenture
Q12: When own debentures are cancelled, any profit