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Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer?.

Solutions for Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.

Here you can find the meaning of Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Raj Ltd. was registered with 70,000 equity shares. They issued 40,000 equity shares @ 10 each payable asfollow:On Application Rs. 4 per shareOn Application Rs. 3 per shareand Balance on 2 callsThe issue was over subscribed by 50,000 shares. The directors decided upon making prorata allotment to60,000 shares while remaining were returned.Q. Amount to be returned to the applicants due to nonallotment of shares will be:a)Rs. 1,50,000b)Rs. 2,40,000c)Rs. 1,20,000d)Rs. 1,60,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.