Question : Rhea and Divya are partners as per provisions of the Indian Partnership Act 1932. On admission of a below price than the market price," is an example of_______________.
Option 1: Public Issue
Option 2: Private Placement
Option 3: ESOP
Option 4: Issue other than cash
Correct Answer: Private Placement
Solution : Answer = Private Placement
The scenario described is an example of "Private Placement." Private placement involves the sale of securities directly to a select group of investors rather than through a public offering. In this case, Rhea and Divya admit a new partner by selling them partnership interest at a price below the market value. Hence, the correct option is 2.
Question : On dissolution of the firm, partner A demands that his loan of Rs. 1,00,000 should be paid before payment of Capitals of the partners, whereas partners B and C demand that Capitals should be paid before the payment of A's loan. State the order of payment.
Question : As a result of which Act did Queen Victoria, the monarch of Britain, also become the sovereign of British territories in India, with the title "Empress of India" in 1858?
Question : A and B are partners in a firm sharing profits in the ratio of 3:2. Mrs A has given a loan of Rs. 20,000 to the firm, and the firm also obtained a loan of Rs. 10,000 from B. The firm was dissolved, and its assets were realised for Rs. 25,000. State the order of payment of Mrs.
Question : The National Payments Corporation of India was set up under the provisions of which Act?
Question :
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile