Quiz

Finance Quiz

  1. A Company may issue ________
  2. Equity and Preference both shares
    Preference Shares
    Equity Shares
  3. Over the counter Exchange of India (OTCEI) was established in the year:
  4. 1990
    1988
    1979
  5. 33333333333
  6. 33333
    33333
    33333
  7. 444444444444444
  8. 44444
    44444
    44444
  9. 555555555555555555555555
  10. 55555
    55555
    55555
  11. 6666666666666666666666
  12. 66666
    66666
    66666
  13. 777777777777777777777777777
  14. 77777
    77777
    77777
  15. Which shareholders are returned their capital after some specified time :
  16. Redeemable Preference Shares
    Irredeemable Preference Shares
    Cumulative Preference Shares
  17. 99999999999999999
  18. 99999
    99999
    99999
  19. In the Balance Sheet of a company, under the heading share capital, at the last is shown :
  20. Subscribed Share Capital
    Issued Share Capital
    Authorised Share Capital
  21. If the Premium on the forfeited shares has already been received, then Securities Premium A/c should be :
  22. No treatment
    Debited
    Credited
  23. Balance of share forfeiture account is shown in the balance sheet under the head _________
  24. Share Capital Account
    Reserve and Surplus
    Current Liabilities and Provisions
  25. The shares on which there is no any pre-fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called :
  26. Equity Share
    Non-cumulative preference share
    Non-convertible preference share
  27. The balance of the forfeited shares account after re-issue of forfeited shares is transferred to ________
  28. Capital Reserve A/c
    Share Capital A/c
    Statement of Profit & Loss
  29. Discount allowed on re-issue of forfeited shares is debited to _________
  30. Share forfeiture A/c
    Share Capital A/c
    Statement of Profit & Loss