7 Views

Question : What among the following is not a preference share?

Option 1: Redeemable Preference Share

Option 2: Participating Preference share

Option 3: Irredeemable Preference Share

Option 4: Convertible Preference share


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Irredeemable Preference Share


Solution : Preference shares that cannot be redeemed by a company are known as irredeemable preference shares. Companies cannot issue irredeemable preference shares in India.

Hence the correct answer is option 3.

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Great Lakes PGPM & PGDM Admis...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books