Question
 Which of the following statements is true with regard
to declaring and issuing of Bonus Shares?Solution
Explanation :A Bonus issue involves issuing fully paid-up shares to existing shareholders out of free reserves or securities premium . It reduces reserves but doesnât affect the total capital employed or cash position. Itâs not the same as dividends , as it involves capitalizing profits, not distributing them.
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Consider the following statement about Pradhan Mantri MUDRA Yojana.
I. It was launched by the government in 2015.
II. It was launched for ...
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