Question : Angel Ltd., a stockbroker, purchased 5,000 shares of Tata Housing Ltd. It is
Option 1: Operating Activity
Option 2: Investing Activity
Option 3: Financing Activity
Option 4: General Activity
Correct Answer: Investing Activity
Solution : If a stockbroker, purchased shares of Tata Housing Ltd. than it is treated as Investing Activity.
Hence the correct answer is option 2.
Question : The law permits a Company to offer 2,00,000 shares for sale for Rs.2 per share. The general public purchased three-quarters (3/4) of these shares. How much issued share capital is there?
Question : XYZ Ltd took over business of ABC Ltd. and paid for it by issue of 60,000, Equity Shares of Rs. 100 each at a par along with 6% Preference Shares of Rs. 1,00,00,000 at a premium of 5% and a cheque of Rs. 8,00,000.
Question : Which of the following is not a function of the National Housing Bank?
Question : Bajaj Finance Ltd. is carrying on a Mutual fund business. It invested Rs. 60,00,000 in shares and Rs. 30,00,000 in debentures of various companies during the year. It received Rs. 3,00,000 as dividend and interest. Find out cash flows from investing activities.
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