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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define a Joint Stock Company.
💡 Hint: Think about what legal structure allows for multiple owners.
Question 2
Easy
What are equity shares?
💡 Hint: Recall the term 'equity' in terms of ownership.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What defines a Joint Stock Company?
- A group of friends starting a business together
- A legal entity with perpetual succession
- A small family-run business
💡 Hint: Think about what distinguishes companies from informal groups.
Question 2
True or False: Preference shares have a fixed dividend.
- True
- False
💡 Hint: Consider the implications of different classes of shares.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company wants to issue equity shares of face value ₹10 at a premium of ₹2. If the company issues 5,000 shares, what will be the total amount raised?
💡 Hint: Remember how to calculate total funds raised.
Question 2
If a company issues ₹1,50,000 debentures at a discount of 10%, what amount will be received from the issue?
💡 Hint: Think about how discounts impact the cash received.
Challenge and get performance evaluation