11.

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When an underwriter agrees to buy a definite number of shares or debentures in addition to
the shares or debentures he has to take under the underwriting agreement, it is knownas:

(A) Firm underwriting (B) Partial underwriting

(C) Complete underwriting (D) None of these

Net payment method is used to calculate :
(A) Reserve fund (B) Purchase Consideration
(C) Underwriting Commission (D) None of these

Surplus Account (negative balance) is transferred by the vendor company at the time of
absorption to :

(^) Realisation Account (B) Purchasing Company’s Account
(C) Equity Shareholders Account (D) None of the above

When Statutory Reserve of the Vendor company is maintained by the Purchasing Company,
then Purchasing Company gives debit to:

(A) Statutory Reserve (B) Amalgamation adjustment Account
(C) Goodwill Account (D) Capital Reserve Account

Which of the following should be deducted from the share capital to find out paid up capital?
(^) Calls in advance (B) Calls in ೩77೦೩೯

(C) Securities Premium (D) Bonus

Capital gearing ratio denotes the relationship between :
(A) Debentures and Share capital
൯) Assets and capital
(C) Loan and capital
(D) Equity shareholders’ fund and long-term borrowed funds

50000 equity shares of Rs. 10 each issued at Rs. 20, for the purpose of redemption of
preference share capital amounting Rs. 750000. How much amount will be transferred to
capital redemption reserve?

(ಸ) Rs. 200000 (B) Rs. 250000
(C) Rs. 500000 (D) Rs. 1000000

5 108/2021
[.7.0.]