Question : The amount of Securities Premium Reserve Account is utilised for the purposes specified in Section 52(2) of the Companies Act, 2013. The purposes for which Securities Premium Reserve can be used are:

Option 1:

for writing off preliminary expenses

Option 2: for writing off expenses of, or commission paid or discount allowed on debentures of the company

Option 3: for providing premium payable on the redemption of redeemable preference shares or debentures of the company

Option 4: All of the above

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 National Payments Corporation of India was set up under the provisions of which Act?

Option 1: The SARFAESI Act, 2002

Option 2: Payment and Settlement Systems Act, 2007

Option 3: Government Securities Act, 2006

Option 4: Companies Act, 2013

Question : Which act of the British Parliament was also known as the East India Company Act 1793?

Option 1: The Government of India Act, 1793

Option 2: The Charter Act, 1793

Option 3: The Regulating Act, of 1793

Option 4: The Indian Councils Act, 1793

Question : Which act prohibited discrimination based on race, religion or national origin?

Option 1: Civil Act

Option 2: Rights Act

Option 3: Civil Rights Act

Option 4: None of these