When share issued are 10,000 but applied shares are 8,000 then it is a case of :

(a)

Over Subscription

(b)

Under Subscription

(c)

Pro-rata

(d)

None of these

In case of private placement of shares to raise the amount of capital, a company:

(a)

Invites the public through prospectus

(b)

Does not invite the public

(c)

Invite the public through advertisement

(d)

None of these

Shareholder are the __________________

(a)

Owner of the company

(b)

Lenders of the company

(c)

Customers of the company

(d)

All of these

A company is allowed by law to sell 2,00,000 shares at Rs.2 each. Three-quarters(3/4) of these shares were bought by the public. What is the issued share capital?

(a)

Rs.1,00,000

(b)

Rs.3,00,000

(c)

Rs.4,00,000

(d)

Rs.5,00,000

When a shareholder fails to pay the amount due on allotment or on calls, the amount remaining unpaid is known ________

(a)

Calls in arrear

(b)

Calls in advance

(c)

Capital Reserve

(d)

None of these