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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 6 · Set 1 · Q4
A portion of the uncalled capital reserved by a company to be called only in the event of winding up of the company, is called :ORWhen applications for more shares of a company are received than the number of shares offered to the public for subscription, it is known as :
OR
When applications for more shares of a company are received than the number of shares offered to the public for subscription, it is known as :Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (A)
Marking-scheme solution
(C)
Reserve capital
Q.(b) When applications for more shares of a company are received……
Ans. (A) Over subscription
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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.