Match List-I with List-II
|
List-I |
List-II |
|
(A) Under Subscription |
(I) Issue of Shares at an amount more than the nominal or par value of shares. |
|
(B) Issue of Shares at a Premium |
(II) It is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription. |
|
(C) Over Subscription |
(III) The amount so received from the shareholders when shareholders pay a part or the whole of the amount of the calls not yet made. |
|
(D) Calls in Advance |
(IV) when applications for more shares of a company are received than the number offered to the public for subscription |
Choose the correct answer from the options given below.
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A)-(II), (B)-(I), (C)-(IV), (D)-(III)
|
List-I |
List-II |
|
(A) Under Subscription |
(II) It is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription. |
|
(B) Issue of Shares at a Premium |
(I) Issue of Shares at an amount more than the nominal or par value of shares. |
|
(C) Over Subscription |
(IV) when applications for more shares of a company are received than the number offered to the public for subscription. |
|
(D) Calls in Advance |
(III) The amount so received from the shareholders when shareholders pay a part or the whole of the amount of the calls not yet made. |