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Current Affairs January 2024

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A private company must have minimum paid up capital of Rs. _____________.

A. Rs.1 lakh

B. Rs.5 lakhs

C. Rs.50 lakhs

D. None of the above

Correct Answer :

A. Rs.1 lakh


Related Questions

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The refund amount can be returned at the time of application of shares.

A. True

B. False

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4

Investment refers to what one does with his/her

A. Income

B. Savings

C. Profit

D. All of them

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I.P.O.s are traded in

A. Primary Market

B. Secondary Market

C. Both of the above

D. None of the above

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4

In Monthly Pension Bonds a fixed income is received after a predefined period.

A. True

B. False

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A debenture may be described as a

A. Share

B. Asset

C. Creditorship security

D. None of the above

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A collection of assets in which an investor invests is known as a ______.

A. Block of Assets

B. Portfolio

C. Securities

D. All of the above

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The shareholders can extend their shareholdings by issue of _________ from the company.

A. Bonus Share

B. Right Share

C. Either of the above

D. None of the above

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N.A.V. stands for

A. Net Asset Value

B. Net Asset Valuation

C. New Assets Verification

D. Net Actual Valuation

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The term "I.P.O." stands for

A. Investment Public Organization

B. Indian Post Office

C. Initial Portfolio Orientation

D. Initial Public Offering

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The shareholder can also be defined as the

A. Owner of the company

B. Member of the company

C. Both (a) and (b)

D. None of the above

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4

The stock markets remain closed on

A. Only Sunday

B. Only Saturday

C. Sunday or Saturday

D. None of them

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If the number of shares allotted to an Applicant is less than that applied for, the excess application money will be _________.

A. Refunded

B. Adjusted with the call money

C. Either of the above

D. None of the above

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4

If a company returns the share transfer documents, to a buyer of its shares, without registration, for being defective, then such return is termed as _________.

A. Defective Share

B. Dematerialize Share

C. Bad Delivery

D. All of the above

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Shares can be traded in the secondary market without the involvement of brokers.

A. True

B. False

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There are _________ recognized Stock Exchanges in India.

A. 20

B. 23

C. 24

D. 25

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______ are allotted free of cost to the existing shareholders.

A. Equity Shares

B. Preference Shares

C. Bonus Shares

D. Right Shares

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PPF stands for

A. Preference Present Fund

B. Predefine Provision Fund

C. Public Provident Fund

D. Post Provision Facility

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The block of assets in which a person invests is called ___________.

A. Block-Asset

B. Portfolio

C. Basket

D. Mutual Fund

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A preference share can be converted into debenture.

A. True

B. False

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A document which contains the important details about the issue of shares is known as

A. Share Offer Document

B. IPO Offer Document

C. Prospectus

D. Prospectus Letter

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When a company raises funds by the sale of additional equity shares to the existing equity shareholders, on the basis of their shareholding, it is called

A. Issue of Rights Share

B. Issue of Bonus Share

C. Re- issue of Forfeited Share

D. Issue of Additional Shares

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If a person purchases 13 shares from the secondary market, it is termed as ____________ purchase.

A. Mini

B. Odd lot

C. Unit

D. None of the above

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NSE stands for

A. National Security Exchange

B. National Stock Exchange

C. Notional Secure Exchange

D. Notification of Security Expenses

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__________ has the authority to regulate the stock market.

A. SEBI

B. RBI

C. NSDL

D. DP

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A trading lot is fixed at _______ shares when the face value of the share is Rs.10.

A. 100

B. 10

C. 50

D. 20

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Shares which have been transacted upon once are traded only in the Stock Exchange.

A. True

B. False

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NSDL stands for

A. Nominal Securities Depository Limited

B. National Securities Depository Limited

C. National Savings Depository Limited

D. Nominal Savings Depository Limited

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I.P.O.s are traded in Secondary Market.

A. True

B. False

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Earliest Closing Date of share issue must be at least _______ days after the date of opening of issue.

A. 3

B. 5

C. 10

D. 30

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During Book Closure period, no transaction is recorded in which of the following?

A. Books of Accounts

B. Register of Members

C. Register of Shares

D. Register of Share Issue