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State whether the following statement is True or False: Bonus shares are fully paid-up shares. - Secretarial Practice

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Question

State whether the following statement is True or False:

Bonus shares are fully paid-up shares.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

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Methods of Issue of Shares
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2021-2022 (March) Set 1

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