Question

As per Table A, the amount on call on a share must not exceed ________ percent. (Fill in the blank by choosing correct option)
(a) 5
(b) 10
(c) 20
(d) 25

Answer 1

5%
I hope my answer help to u and right

Answer 2

Answer:

(d) 25

Explanation:

As per Table A, the amount on call on a share must not exceed 25%.

Call on shares implies the company's requirement that its shareholders hold partly paid stocks pay portion or full unpaid amounts on the shares. The quantity of shares is split into a number of instalments. The rest of the share cash called call money is further split into one or two calls called first call, second call, etc. If there is only one call, the first and final call is called, otherwise we only use the term first call