aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accounting & Finance for Bankers - 1 (JAIIB)
  • Right shares are issued to
Multiple choice

Right shares are issued to

  1. promoters for the services

  2. holders of convertible debentures

  3. existing shareholders

  4. All of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A rights issue is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders.

Keep practicing — related questions

  • Debenture holders of a company are its
  • Zenith Ltd. purchased furniture from Divesh for Rs. 2,20,000. 25% of the amount due was paid by cash and ba...
  • A bank authorized by the issuing company to issue GDR against issue of foreign currency convertible bonds o...
  • What is the effect of issue of bonus shares?
  • A bank is authorised by the issuing company to issue depository receipts against issue of foreign currency ...
  • (a) An equity share is a share which is not a preference share. (b) A preference share is one which gets re...
  • A bear is facing south. He walks 5 km to his front, then turns right and walks 5 km to his front. He then t...
  • Which of the following statement(s) is/ are not correct in connection with ‘deferred shares’? (i) It is als...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Equity Shares and Capital (424 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy