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· As per Section 52, when a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium received on those shares shall be transferred to a “securities premium account” · Securities Premium can be used for : o issue of fully paid bonus shares o to write off preliminary expenses o write-off commission paid/discount on issue of shares or debentures o for premium payable on redemption o for buy-back of own shares or securities
Operation Meghchakra was launched by which of the following?
The members of “Child Labour Technical Advisory Committee” are appointed by?
Which of the following matters of the Commercial Banks are regulated by the Reserve Bank of India?
1. Controlling credit creation by commercial...
Oxidation number of Mn in KMnO₄ is
There is a rectangular paper, whose length and breadth are in the ratio 5:2, respectively and it has a perimeter of 70 metres. If a triangular piece wit...
The Prime Minister Lal Bahadur Shastri faced which of the following issues challenging the basic values and goals of Indian Nation?
How did the Factories Act, 1881 define a factory?
A shopkeeper sold an article after giving a discount of 25% and made a profit of Rs.64. Find the difference between the marked price and selling price o...
Which type of union is based on class consciousness rather than trade consciousness?
Consider the following statements about Finance Commission:
1. The Finance Commission is constituted under Article 280 of the Constitution.