1. Under ESPS employees are given an option to purchase shares on the spot at a

2. A company may implement share-based employees benefit schemes:

3. Under ESOS,____ employees are given an option to purchase shares at:

4. ______means the price, if any, payable by the employee for exercising the option or SAR granted to him

5. Which of the following persons is covered under the provisions relating to share-based payment regulation made by the SEBI

6. ______means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers, or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price

7. Shares to be issued under ESOS

8. As per Section 62(2) of the Companies Act, 2013, a company can offer shares to employees under a scheme of employees stock option bypassing

9. SEBI (Share Based Employee Benefits) Regulations, 2014 applies to:
(1) Employee Stock Option Schemes
(2) Employee Stock Purchase Schemes
(3) Stock Appreciation Rights Schemes
(4) General Employee Benefits Schemes
(5) Retirement Benefit Schemes
Select the correct answer from the options given below

10. ____means the process by which the company issues Options, SARs, Shares, or any other benefits under any of the schemes

11. Which of the following section of the Companies Act, 2013 allows a company to offer shares to employees under a scheme of employee’s stock option

12. Which of the following person can be treated as ‘employee’ and hence eligible for employees’ share-based payment benefits

13. Under the employees are given an option to purchase shares on the spot at a discount price

14. A listed company can offer various benefits to employees such as ESOS or ESPS by complying with provisions of the
(1) Companies Act, 2013
(2) SEBI (Share Based Employee Benefits) Regulations, 2014
(3) Companies (Share Capital & Debentures) Rules, 2014
Select the correct answer from the options given below

15. As per Rule 12 of the Companies (Share Capital & Debentures) Rules, 2014, ’employee’ includes
(I) A permanent employee of the company who has been working outside India
(II) Independent director
(III) An employee who is a promoter
(IV) Whole-time director
(V) Director who holds more than 10% of the outstanding equity shares of the start-up company
Select the correct answer from the options given below