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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 4 · Set 3 · Q9
'Reserve Capital' can be utilised:
'Reserve Capital' can be utilised :
An offer of securities or invitation to subscribe securities to a select group of persons is called :
Official answer
(a) → (B)
(b) → (C)
Marking-scheme solution
(B)
only at the time of winding up of the company.
OR
(b)
Q. An offer of securities or invitation to ………………………….
Ans. (C) - Private Placement.
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.