Match List-I with List-II List-

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

Match List-I with List-II

List-I	List-II
(A) Restricts the right to transfer its shares	(I) OPC
(B) A company which is a subsidiary of a public company	(II) Private Company
(C) A company which has only one person as a member	(III) Perpetual Succession
(D) Members may come and go but the company continues	(IV) Public Company

Choose the correct answer from the options given below:

Options:

(A)-(II), (B)-(IV), (C)-(I), (D)-(III)

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

(A)-(IV), (B)-(II), (C)-(I), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(II), (B)-(IV), (C)-(I), (D)-(III)

Explanation:

The correct answer is Option (1) → (A)-(II), (B)-(IV), (C)-(I), (D)-(III)

List-I	List-II
(A) Restricts the right to transfer its shares	(II) Private Company
(B) A company which is a subsidiary of a public company	(IV) Public Company
(C) A company which has only one person as a member	(I) OPC
(D) Members may come and go but the company continues	(III) Perpetual Succession