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CUET Accountancy 2026 PYQs11 May Shift 1. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2026 11 May Shift 1

Share Capital

past year questions, Company Accounts, CUET Accountancy 2026 11 May Shift 1

Easy

common

Match the LIST-I with LIST-II

LIST-I (Classification of Share Capital)LIST-II (Categories of Share Capital)
A.The authorised capital which is not offered for public subscription and it may be offered for public subscription at a later date.I.Issued Capital
B.A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company.II.Paid up Capital
C.It is that part of the authorised capital which is actually issued to the public for subscription including the shares allotted to vendors and the signatories to the company's memorandum.III.Reserve Capital
D.It is that portion of the called up capital which has been actually received from the shareholders.IV.Unissued capital

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Authorised capital not yet offered is unissued capital (IV). Uncalled capital reserved for winding up is reserve capital (III). The part of authorised capital actually offered for subscription is issued capital (I). The portion of called-up capital actually received is paid-up capital (II).

Hence A-IV, B-III, C-I, D-II.

Related questions:

2026: 12 May Shift 1

In case of different types of share capital, match List-I with List-II.

List-IList-II
(A) Authorised Capital(I) Portion of issued capital that the public agree to take.
(B) Issued Capital(II) Amount of share capital issued as per Memorandum of Association of the company.
(C) Subscribed Capital(III) Part of the capital that the company has demanded for payment.
(D) Called-Up Capital(IV) Part of authorised capital offered to public.

Choose the correct answer from the options given below:

2026: 6 June Shift 1

Which of the following is that portion of the called up capital, which has been actually received from the shareholders?

2022: 15 July Shift 2

The amount of forfeiture left over after reissue will be

2026: 29 May Shift 2

Which of the following are correct with respect to Rule 3 of the Companies (Incorporation) Rules, 2014 for One Person Company?

A. Only a natural person being an Indian citizen and resident in India can form one person company.

B. It cannot carry out non-banking financial investment activities.

C. Its paid up share capital is not more than Rs. 50 Lakhs.

D. Its average annual turnover of three years does not exceed Rs. 5 Crores.

Choose the correct answer from the options given below:

2026: 11 May Shift 1

As 'Calls in Advance' is a liability of the company, it is under obligation, if provided by the Articles, to pay interest on that amount from the date of its receipt up to the date when the appropriate call is due for payment. According to "Table F", interest on calls in advance cannot exceed __________.

2026: 12 May Shift 1

Arrange the following related to issue of shares in the correct sequence:

(A) Allotment of Shares

(B) Issue of Prospectus

(C) Receipt of Applications

(D) Remaining amount of shares on call (if any)

Choose the correct answer from the options given below:

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