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Commerce Financial Management Difficulty: Medium

The presence of ‐‐‐‐‐‐‐‐‐‐‐ make the smart card smart. The demand for a product would be more inelastic Match the following. List-I (Organisations of World Bank) List-II (Features) a. Board of Governors 1. Responsible for the conduct of the day to day business of the bank b. Board of Executive Directors 2. It meets annually to cheak out the general policy of the bank c. Advisory Council 3. It meet regularly once a month to carry on the routine working of the bank d. President and other members of staff 4. It is appointed by the Board of Directors A new partner for acquiring his share in the profit brings A company issued 1,00,000 equity shares of the face value of Rs. 100 each at Rs. 100 per share. So far Rs. 75 per share has been called up including Rs. 25 on allotment and Rs. 25 on first call. X to whom 200 shares were issued failed to pay the first call. His shares were forfeited and re-issued to Y at Rs. 70 per share as fully paid-up. The amount to be transferred to Capital Reserve a/c would be: