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● Statement 1 is correct: Sweat equity is a nonmonetary contribution that the individuals or founders of a company make towards the company. Cash-strapped startups and business owners typically use sweat equity to fund their companies. ● Statement 2 is incorrect: The maximum yearly limit of sweat equity shares that can be issued by a listed company has been prescribed at 15% of the existing paid-up equity share capital or shares of the value of Rs 5 crore, whichever is higher. The issuance shall not exceed 25% of the paid-up capital at any time. In case of companies listed on the Innovators Growth Platform (IGP), the yearly limit will be 15% and overall limit will be 50% of the paid-up capital at any time. It will be applicable for 10 years from the date of the company’s incorporation. ● Statement 3 is incorrect: Companies will now be allowed to provide share-based employee benefits to employees, who are exclusively working for such a company or any of its group companies including a subsidiary or an associate.
Three statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with ...
Statements : All doors are chairs.
Some chairs are glass.
Some glasses are not tables.
Conclusions : I. No glass is a...
Statements: Some guitars are harmoniums.
No harmonium is a sitar.
Conclusions: I. Some guitars are not sitars.
II. Some sitars ar...
Statements:
Some dogs are cats.
No camel is a rat.
All cats are camels.
Conclusions:
I. All dogs may be camels....
Statements : No triangle is a square.
Some squares are rectangles.
All rectangles are circles.
Conclusions : I. Some circles are ...
Statement:
Some lehenga are saree.
Only a few suit are dhoti.
Only a few dhoti are hanky.
All lehenga are hanky....
Statements: All phones are battery.
No battery is a network.
...
Statements: All Meggi are momos.
All chowmin are momos.
...
Statement:
Only Cricket is Kabbadi
No Kabbadi is Volleyball
Only a few Football are Vollybal...