Question

Small shareholders are holders holding shares of nominal value of not more than _________.

• A. Rs. 10,000
• B. Rs. 20,000
• C. Rs. 40,000
• D. Rs. 30,000

Answer 1

Answer: (B)

Rs. 20,000

Small shareholders means shareholders holding shares of nominal value of not more than Rs: 20,000 or such other sum as may be prescribed.