Match List-I with List-IIList-IList-II(A

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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) Feature of a Company	(I) Not exceeding 12% p.a.
(B) Interest on Calls-in-Arrear	(II) Restricts the right to transfer its shares
(C) Private company	(III) Perpetual Succession
(D) Interest on Calls-in-Advance	(IV) Not exceeding 10% p.a.

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (4) →

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