Practicing Success
Practicing Success
CUET Preparation Today
Match the following lists regarding the sequence of receiving of money on shares.
Choose the correct answer from the options given below. |
A)-IV, B)-III, C)-II, D)-I A)-I, B)-III, C)-II, D)-IV A)-II, B)-III, C)-I, D)-IV A)-IV, B)-I, C)-III, D)-II |
A)-IV, B)-III, C)-II, D)-I |
The correct answer is option 1- A)-IV, B)-III, C)-II, D)-I.
* First - Share application: This is the initial stage where potential investors express their interest and apply to purchase shares in the company with application money. * Second - Share Allotment: After receiving applications, the company decides how many shares to allocate to each applicant. After final allotment of shares the investors becomes shareholders and allotment money is received from them. * Third - Share first call: Once shares are allotted, the company "call for payment", that shareholder need to pay on shares. * Last - Share second and final call: This is the final payment required from investors to fully own their shares. |
