Examveda
Examveda

Bonus share are not permitted unless the ____________ shares, if any, are made fully-paid.

A. partly paid

B. semi paid

C. fully paid

D. unpaid

Answer: Option A

Solution(By Examveda Team)

Bonus share are not permitted unless the partly paid shares, if any, are made fully-paid. Bonus shares are shares distributed by a company to its current shareholders as fully paid shares free of charge.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Comments ( 1 )

  1. Neelam Paswan
    Neelam Paswan :
    6 years ago

    I think (a) will be correct

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process