Question : As per Section 52 of Companies Act 2013, Securities Premium Reserve cannot be utilised for ___________.

Option 1: Writing off capital losses.

Option 2: Issue of fully paid bonus shares.

Option 3: Writing off discount on issue of securities.

Option 4: Writing off preliminary expenses.

Question : The sum obtained as a premium on securities cannot be used for the following, according to Section 52(2) of the Companies Act, 2013:

Option 1: Writing off preliminary Expenses

Option 2: Buy back of its own shares

Option 3: Purchase of Fixed Assets

Option 4: Premium Payable on Redemption of Prefrence share

Question : The Eighty-ninth Amendment Act, 2003 of the Indian Constitution established which of the following Commission?

Option 1: Competition Commission of India

Option 2: National Commission for Backward Classes

Option 3: National Commission for Woman

Option 4: National Commission for Scheduled Tribes

Question : During the year ending on 31st March 2018 — 25%What should be the minimum investment or deposit by Universal  Ltd. to meet the requirements of the Companies Act, 2013 and Rules before the redemption of debentures and When?

Option 1: On or Before 30th April,2016 and RS 45,000

Option 2: On or before 30 April 2017 and Rs 75,000

Option 3: On or before 30 April 2018 And Rs 75,000

Option 4: None of the above

Question : During the year ending on 31st March, 2017 — 15% What should be the minimum investment or deposit by Universal  Ltd. to meet the requirements of the Companies Act, 2013 and Rules before the redemption of debentures and When?

Option 1: On or Before 30th April, 2016 and Rs 45,000

Option 2: On or before 30 April 2017 and Rs 45,000

Option 3: On or before 30 April 2018 and Rs 30,000

Option 4: None of the above