1. The minimum paid-up share capital for a public company shall be-”

2. Internal activity of a company is going to be performed according to established regulations. This assumption is provided as a right by-”

3. Appointment of full time Company Secretary is compulsory in all those companies - whose paidup share capital is-”

4. Indian Accounting Standard -“ 28 is related to-”

5. Depletion method of depreciation is used in case of-”

6. The number of subordinates a superior can effectively handle is called-”

7. Bombay Stock Exchange Sensex consists of -¦-¦-¦ script as on 31st March - 2005.

8. A company made the purchases of an item during its financial year. January 2007 200 @ Rs. 50 each May 2007 400 @ Rs. 60 each August 2007 600 @ Rs. 70 each November- 2007 300 @ Rs. 80 each Closing inventories were 500 articles. Find out the value of closing stock as per Weighted Average Method-”

9. Accounting for Intangible Assets are related to-”

10. The basic aim of Securities and Exchange Board of India (SEBI) is to-”

11. Increase in fixed asset due to purchase is-”

12. In common size Balance Sheet analysis we evaluate-”

13. Under Section 275 of the Companies-™ Act - 1956 a person can become director in public company of not more than-”

14. Share premium account can be used for-”

15. FEMA stands for-”

16. -œA body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.- It is called-”

17. Among the following which is not an error of commission ?

18. Calculate Return on Investment/ Return on Proprietor-™s fund. Gross profit of a firm is Rs. 3 - 20 - 000 - Operating expenses Rs. 1 - 00 - 000 - Taxes Rs. 20 - 000 - Owner-™s fund Rs. 5 - 00 - 000 - Debenture Interest Rs. 50 - 000-”

19. For calling the Extraordinary General Meeting a clear notice of -¦-¦-¦ days must be given to all the members.

20. In case of Board Meetings the Quorum must be present-”

21. Which - institution is known as the -˜Soft Loan Window-™ of World Bank ?

22. In Need Hierarchy Theory of Abraham H. Maslow - Self Actualisation needs are at level-”

23. As per Schedule VI of the Companies-™ Act - 1956 - Forfeited Share Account will be-”

24. -¦-¦-¦ has been founded to act as permanent watchdog on the international trade.

25. V. V. Bros. purchased a machine on 1st October - 2003 at cost Rs. 2 - 70 - 000 and spent Rs. 30 - 000 on its installation. The firm written off depreciation 10% per annum on original cost every year. The books are closed on 31st March every year. The machine is sold on 30 September - 2006 for Rs. 1 - 90 - 000. How much amount will be transferred to P & L A/c as loss on sale of machinery ?