Underwriting of Shares and Debentures MCQ’s | Financial Accounting (Free Resource)

21. As per SEBI guidelines, commission payable to underwriters for underwriting Preference shares or Debentures upto Rs 5 lakhs, should not exceed
(a) 5%
(b) 2.5%
(c) 10%
(d) 1.5%

22. The Underwriting Commission in case of Preference Shares / Debentures beyond Rs 5 lakhs as per SEBI guidelines, should not exceed
(a) 2%
(b) 2.5%
(c) 5%
(d) 1.5%

23. K Ltd. issued shares of Rs 1,000 each at Rs 950. The Underwriting Commission will be paid on
(a) Rs 1,000
(b) Rs 950
(c) Rs 1,950
(d) Rs 50