📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    ⚡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug ⚡ Enroll Now

    Question

    As per Section 63(1), a company can issue fully paid up

    bonus shares to its members out of:
    A New issue of debenture Correct Answer Incorrect Answer
    B New issue of equity share Correct Answer Incorrect Answer
    C Capital redemption reserve Correct Answer Incorrect Answer
    D New issue of preference share Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call