531. Debenture holders are also called:
A. Owner
B. Customer
C. Company
D. Debentures
E. Creditors

532. In issue of shares normally discount should not exceed then?
A. 8%
B. 2%
C. 10%
D. 50%
E. All of the above

533. On the account of company audit is?
A. Restricted
B. As per requirement
C. Optional
D. Compulsory
E. A and B

534. The holder of debenture is called…..
A. Suppliers
B. Directors
C. Owners
D. General secretary
E. Creditor

535. The invitation to the public for the purchase of shares privately is called?
A. Audit report
B. Articles of association
C. Prospectus
D. Articles of association
E. Memorandum

536. In Public limited company how many minium number of members are there?
A. 50
B. 20
C. 17
D. 7
E. All of the above

537. In Private limited company how many maxium number of members are there?
A. 50
B. 30
C. 11
D. Unlimited
E. Limited

538. In the balance sheet discount on shares are write in…..
A. Liability
B. Paid up capital
C. Asset
D. Income
E. None of the above

539. In the banking sector, the maximum num of persons are…..
A. 20
B. 25
C. 10
D. 28
E. 14

540. In partnership account the persons who entered in the account are collectively known as……
A. Promoters
B. Agents
C. Partners
D. A firm
E. Vendors

NOTE
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