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) Interest on calls in arrears	(I) Preference Shares
(B) Interest on calls in advance	(II) OPC
(C) Sec.2(62) of The Companies Act, 2013 defines	(III) 12%
(D) Sec.43 of The Companies Act, 2013 defines	(IV) 10%

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (2) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I	List-II
(A) Interest on calls in arrears	(IV) 10%
(B) Interest on calls in advance	(III) 12%
(C) Sec.2(62) of The Companies Act, 2013 defines	(II) OPC
(D) Sec.43 of The Companies Act, 2013 defines	(I) Preference Shares