Issue of Shares Quiz

Which of the following is not a type of share?

• Equity Shares

• Preference Shares

• Premium Shares

• Bonus Shares

What does the term 'Pro-rata allotment' refer to in the context of shares?

• Allotment of shares at a discount

• Allotment of shares in proportion to the applied amount

• Allotment of shares on a priority basis

• Allotment of shares to promoters only

Which term is used for issuing shares at a value higher than their nominal value?

• Issue at Par

• Issue at Discount

• Issue at Premium

• Issue at Face Value

What is the term for cancelling shares that have been issued but are not paid for?

• Reissue

• Forfeiture

• Surrender

• Bonus Issue

When shares are reissued, the amount received is transferred to which account?

• Share Capital Account

• Share Forfeiture Account

• Reissue Account

• Share Premium Account

What is a 'Pro-rata Allotment' commonly associated with?

• Under-subscription

• Over-subscription

• At par subscription

• Post subscription

What is underwriting of shares?

• Issuing shares at a discount

• Ensuring minimum subscription

• Allotting shares to directors

• Reissuing forfeited shares

What type of underwriting is done when the underwriters are liable for the shares unsubscribed by the public?

• Full Underwriting

• Partial Underwriting

• Firm Underwriting

• Conditional Underwriting

What does a 'Bonus Share' represent?

• Shares issued at a discount

• Shares issued to employees

• Free shares issued to existing shareholders

• Shares issued at a premium

Which of the following methods is used to allocate shares in case of over-subscription?

• Pro-rata Allotment

• First Come First Serve

• Random Allotment

• Preemptive Right