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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 4 · Set 2 · Q15
On 1st April, $\displaystyle 2024$, Bright Ltd. issued $\displaystyle 20,000$, $\displaystyle 11$% debentures of $\displaystyle 2$ $\displaystyle 100$ each at a premium of $\displaystyle 10$%, redeemable at a premium of $\displaystyle 10$%. Loss on issue of debentures was :ORMinimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be less than $\displaystyle 90$% of __________ capital.
OR
Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be less than $\displaystyle 90$% of __________ capital.Official answer
From CBSE’s own marking scheme for this paper.
(a) → (A)
(b) → (B)
Marking-scheme solution
`$\displaystyle 2,00,000$
Q. Minimum Subscription for allotment of shares ………………………….
Ans. (B) - Issued
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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.