Match the following- LIST 1 LIST 2 (A) Application money should be at…

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

Each blank is a limit laid down for the issue of shares:

(A) Application money should be at least ___% of the face value of the share — this matches (IV) 5%. This is the minimum application money.

(B) The amount of call should not exceed ___% of the face value of the share — this matches (I) 25%. It is the limit on each call under Table A, where the articles of association are silent.

(C) Minimum subscription of capital cannot be less than ___ of the issued amount according to SEBI guidelines — this matches (II) 90%. Below this the whole subscription is refunded.

(D) Interest charged on calls-in-arrears is @ ___ p.a. — this matches (III) 10%. Table F allows interest not exceeding 10% p.a.