Question
W Ltd. issued 8,000 shares of Rs.10 each at per. Amount called up Rs.4 on application, Rs.3 on allotment and Rs.3 on first and final call. Mr. R, a shareholder holding 500 shares did not pay allotment money. Amount received on allotment will be Rs.________.
More Banking System in India Questions
- When two companies decide to combine their operations to achieve synergies and enhance overall efficiency, which corporate restructuring strategy are they ...
- Which of the following is not true about Term Loans?
- What should be the minimum net worth of Authorized Fund Management entity in IFSC under Fund Management Entity regulations given by IFSCA
- In India, the Basel III framework is implemented by:
- If a stock's expected return is 18%, the risk-free rate is 6%, and the market return is 12%, what is the stock's beta according to the CAPM?
- A bond is trading at Rs.1100. The bond has a face value of Rs.1000 and pays a coupon rate of 8%. It will mature in 5 years. What is the current yield of th...
- What is the FDI limit for payment banks?
- The global smartphone market is dominated by a few major players like Apple, Samsung, and a few Chinese brands. These companies engage in intense competiti...
- Rupee revenue stamp is used for which amount in India?
- Fiscal year for the government ends on _______
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt