AfterBoards Logo
Skip to main contentSkip to solution

CUET Accountancy 2026 PYQs29 May Shift 2. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2026 29 May Shift 2

Share Capital

past year questions, Company Accounts, CUET Accountancy 2026 29 May Shift 2

Easy

common

In share capital, the amount on any call should not exceed ________ of the face value of shares.

Solution

✅ Correct Option: 1

As per Table F of the Companies Act, no call may exceed 2525 per cent of the nominal (face) value of the share, and at least one month must elapse between two successive calls.

Related questions:

2025: 13 May Shift 2

Which statements are correct-

(A) A company's shares are generally transferable.

(B) Shareholders of a company are liable for the acts of the company.

(C) The director of a company must be a shareholder.

(D) Paid up capital can exceed called up capital.

Choose the correct answer from the options given below:

2026: 29 May Shift 1

According to _____ of the Companies Act, 2013, an equity share is a share which is not a preference share.

2025: 14 May Shift 1

Allotment money received in advanced alongwith application is _______________

2026: 13 May Shift 1

Select the correct statements related to shares and share capital :

(A) Authorized Share Capital and Nominal Share Capital are different from each other.

(B) Equity shares cannot be redeemed during the lifetime of the company.

(C) Preference shares are not the real owner of the company.

(D) Equity shares cannot be issued to the public at a discount.

Choose the correct statements from the options given below:

2026: 24 May Shift 1

Table F of the Companies Act provides for the payment of interest on calls in advance at a rate not exceeding

2023: 28 May Shift 1

Match List - I with List - II.

List - IList - II
(A) Authorised Capital(I) A portion of uncalled share capital will be called at the time of winding up
(B) Reserve Capital(II) Maximum amount of share capital a company could raise during its life time
(C) Issued Capital(III) Capital issued to public for subscription
(D) Subscribed but not fully paid capital(IV) Amount called up and received but not fully

Choose the correct answer from the options given below :

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question

CUET Accountancy Past Year Questions (Topic-Wise)