1. The accompanying notes relate to Brite Ltd's. Balance Sheet as at 31st March, 20X1:

Notes $ in millions

(1) Share Capital

Approved :

20 crore portions of $10 each 20,000

Given and Subscribed :

10 crore Equity Shares of $10 each 10,000

2 crore 1.91% Cumulative Preference Shares of $46each 2,000

Complete 12,000

Called and settled up:

10 crore Equity Shares of $10 each, $ 8 for every offer called and settled up 8,000

2 millions 11.98% Cumulative Preference Shares of $10 each,

completely called and settled up 7,898

All out 10,809

(2) Reserves and Surplus :

Capital Redemption Reserve 1,485

Protections Premium (gathered in real money) 2,000

General Reserve 1,040

Surplus for example credit equilibrium of Profit and Loss Account 273

All out 4,798

On second April 20X1, the organization settled on an official choice on value shares @ $2 for each offer.

The whole cash was gotten in the long stretch of April, 20X1.

On first June 20X1, the organization chose to issue to value investors extra offers

at the pace of 2 offers for each 5 offers held . Pass diary passages for all the abovementioned

referenced exchanges. Likewise set up the notes on Share Capital and Reserves and

Surplus applicable to the Balance Sheet of the organization following the issue of

extra offers.

2. Most extreme number of individuals out in the open restricted organization is - .

A. 10

B. 20

C. 50

D. limitless

3. In the wake of getting least membership of offers, the organization needs to apportion imparts to in -- days.

A. 90

B. 100

C. 110

D. 120

4. In the event that the base membership isn't gotten by the organization, the discount of utilization cash ought to be made inside - days.

A. 7

B. 9

C. 10

D. 22

5. If there should arise an occurrence of public restricted organization, in the wake of getting the - the organization can begin the business

A. Notice of Association

B. Table A

C. Declaration of initiation of business

D. Articles of Association

6. On the off chance that Company A buys the dominant part portions of Company B, what blend would this be alluded to?

A. Combination

B. Takeover

C. Retention

D. Nothing unless there are other options

7. At the point when at least two organizations carrying on comparable business choose to consolidate, another organization is framed, it is known as ..................

(A)Amalgamation

(B)Absorption

(C)Internal reproduction

(D)External reproduction

8. At the point when one of the current organizations assume control over business of another organization or organizations, it is known as ...........

(A)Amalgamation

(B)Absorption

(C)Internal reproduction

(D)External reproduction

9. While ascertaining price tag, the accompanying estimations of resources are thought of

(A)Book esteem

(B)New esteems fixed

(C)Average esteems

(D)Market esteems

10. Offers got from the new organization are recorded at -

(A)Face esteem

(B)Average cost

(C)Market esteem

(D)None of the abovementioned