C:-Capital reserve
D:-Securities premium account
Correct Answer:- Option-C
Question77:-A newly incorporated company cannot issue shares
A:-At discount
B:-At par
C:-At premium
D:-None of these
Correct Answer:- Option-A

Question78:-Shares issued by the company to its employees or directors at a discount or for considerations other than cash
is known as

A:-Preference shares
B:-Equity shares
C:-Sweat shares
D:-Right issue
Correct Answer:- Option-C
Question79:-When preference shares are redeemed it results in
A:-Increase in capital
B:-Decrease in capital
C:-Both (1) and (2)
D:-None of these
Correct Answer:- Option-D
Question80:-Calls in arrears is shown as
A:-A current liability
-A current asset
C:-A fixed asset
D:-None of these
Correct Answer:- Option-D
Question81:-A bank which is registered in the second schedule of the RBI
A:-Scheduled bank
B:-Non-scheduled bank
C:-Foreign bank
D:-Domestic bank
Correct Answer:- Option-A
Question82:-The bank which plays an important role in promoting foreign trade
A:-Agriculture bank
B:-Exchange bank
C:-Industrial bank
D:-Commercial bank
Correct Answer:- Option-B
Question83:-Spreads of funds to reach a broader spectrum of people
A:-Self help group
B:-Deployment
C:-Micro-credit
D:-Direct finance
Correct Answer:- Option-B
Question84:-It refers to one company taking over controlling interest in another company
A:-Syndication
B:-Merger
C:-Acquisition
D:-Amalgamation
Correct Answer:- Option-C
Question85:-Process of converting the coded text to its original form
A:-Decryption
B:-Magnetism
C:-Encryption
D:-Tele-communication
Correct Answer:- Option-A
Question86:-Charge created on assets which undergo change is known as