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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 2 · Set 3 · Q3
Hira Ltd. invited applications for issuing $\displaystyle 2,00,000$ equity shares of ₹ $\displaystyle 10$ each at a premium of $\displaystyle 10$%. The whole amount was payable with application. Applications were received for $\displaystyle 4,00,000$ equity shares. The company decided to allot the shares on pro-rata basis to all the applicants. The amount refunded by the company was :ORDebentures which do not have a specific charge on the assets of the company are known are :
OR
Debentures which do not have a specific charge on the assets of the company are known are :Official answer
From CBSE’s own marking scheme for this paper.
(a) → (A)
(b) → (C)
Marking-scheme solution
(A)
₹ $\displaystyle 22,00,000$
Q. (b) Debentures which do not…….
Ans. (C) Unsecured debentures
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.