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Q. When one of the existing companies take over business of another company or companies, it is known as…………………………………

Q. The fixed assets of an insurance company are shown in

Q. Profit on re‐issue of forfeited shares will appear on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.

Q. ………..of total issued amount of capital is called minimum subscription.

Q. A Banking company required to prepare its balance sheet according to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in the schedule III to the banking

Q. Which of the following is not a source of redemption of preference shares?

Q. ………………………………………………..method the amount of depreciation expenses remains same throughout the useful life of a fixed assets

Q. Which of the following is not a requirement in the financial statements under Ind AS 1?

Q. A term loan will be treated as NPA if interest or instalment and principal remain overdue for a period more than ……. Days

Q. Which of the following cannot be used for the purpose of creation of capital redemption reserve account?