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?
Option 1: 4,00,000
Option 2: 5,00,000
Option 3: 1,00,000
Option 4: 3,00,000
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.
Option 1: Rs. 1,68,00,000
Option 2: Rs. 1,73,00,000
Option 3: Rs. 1,40,00,000
Option 4: Rs. 1,60,00,000
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.
Option 1: Rs 93,00,000
Option 2: Rs 60,00,000
Option 3: Rs 63,00,000
Option 4: None of the above
Question : Which of the following is not a function of the National Housing Bank?
Option 1: Regulating the housing finance sector
Option 2: Providing credit to the housing sector
Option 3: Developing housing infrastructure
Option 4: Regulating the stock market
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