Question
When is a prospectus called a Red-herring prospectus?
Solution
It is a prospectus that does not specify the price or number of shares being offered, Explanation: Section 32.Red herring prospectus: Explanation—For the purposes of this section, the expression “red herring prospectus” means a prospectus which does not include complete particulars of the quantum or price of the securities included therein.
The ratio between two numbers is 1:2. If each number is increased by 8, the ratio between then become 5:6, find the difference between numbers.
A starts a business with Rs. 75,000 and B joins the business 5 months later with an investment of Rs. 80,000. After 1 year, they earn a profit of Rs. 4,...
If the income of a family decrease by 5% and expenditure decrease by 7%, and its saving increases by 3%. Find the ratio of income and expenditure of tha...
An amount is distributed among A, B, C, and D in the ratio 7:5:9:4 respectively. If the amount received by B is Rs. 1,250, then find the amount received...
90 percent of first number is equal to 50 percent of the second number. What is the respective ratio of the first number to the second number?
- If ‘A’, ‘B’ and ‘C’ are in proportion in the given order while ‘A’ = 9 and ‘B’ = 45, then find the value of ‘C’.
What is the fourth proportion of 17, 30 and 51?
Ratio of males to females in village ‘A’ and village ‘B’ is 4:5 and 15:16, respectively and number of females in village ‘B’ is 25% more tha...
The price of sugar is increased by 40%. If the expenditure is not allowed to increase, the ratio between the reduction in consumption and the original c...
- A total of Rs. ‘K’ was to be distributed among L, M, and N in ratio of 2:5:3 respectively but due to some reason the money was falsely distributed in r...
