Question : What is the Minimum Subscription in case of Public Company?

Option 1: 75% of the Issue size

Option 2: 90% of the Issue size

Option 3: 50% of the Issue size

Option 4: None of the Above

Question : Inviting applications for the subscription of 10,000 equity shares worth Rs. 10 each by Raj Limited. 20,000 share applications were received. This circumstance is known as __________.

Option 1: Oversubscription of Shares

Option 2: Under subscription of shares

Option 3: Full allotment of shares

Option 4: Pro rata allotment of shares

Question : Examples of Non-cash Transactions are-----

Option 1: Depreciation and

Option 2: Amortization Expenses, Issue of Bonus Shares,

Option 3: Issue of Equity Shares or Debentures for consideration other than cash

Option 4: All of the above

Question : Examples of Non-cash Transactions are-----

Option 1: Depreciation and

Option 2: Amortization Expenses, Issue of Bonus Shares,

Option 3: Issue of Equity Shares or Debentures for consideration other than cash

Option 4: All of the above

Question : Z Ltd. offered to public 80,000 shares for subscription. Applications were received for 1,30,000 shares and pro rata allotment was made to the applicants. X applied for 52,000 shares and Y was allotted 16,000 shares.

On the basis of above information, calculate

Question :-  How many shares were allotted to X?

Option 1: 32,000 shares

Option 2: 8,000 shares

Option 3: 82,000 shares

Option 4: None of these