UGC NET Amalgamation and reconstruction Previous Year Questions
JRFSmart holds 8 previous-year questions on Amalgamation and reconstruction from UGC NET Commerce (Paper 2), filed under Unit 2: Accounting and Auditing, drawn from 7 of the 22 exam papers in the bank (2019–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Amalgamation and reconstruction
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Amalgamation in the nature of merger | 2 |
| Purchase consideration | 1 |
| Vendor's debtors on takeover | 1 |
| Methods of computing purchase consideration | 1 |
| Amalgamation adjustment account | 1 |
| Amalgamation - purchase consideration | 1 |
| Internal reconstruction | 1 |
NTA repeat analysis
Amalgamation and reconstruction appears in 7 of 22 papers (32%), which JRFSmart rates as high frequency.
Sample previous-year questions
Which of the following statements are incorrect for amalgamation in the nature of merger? A. All the assets and liabilities of the transferor company are taken over by transferee company. B. Shareholders holding not less than 95% of the face value of the…
Which of the following statements is incorrect for Amalgamation in the nature of merger ?
Which of the following is/are the methods of calculation of purchase consideration? A. Lump-sum payment method B. Net asset method C. Total payment method D. Net realization method E. SWAP rate method Choose the correct answer from the options given below:
Which of the following are true in case of Internal Reconstruction? A. The existing company is liquidated B. No new company is formed C. There is certain reduction of capital and sometime liabilities are also reduced D. The new company issues fresh capital…
In case the purchasing company agrees to act as the agent of the vendor for collection of the book debts, in the books of the purchasing company, the amount of debtors should be credited to
Match List I with List II: List I (Method) (a) Lump-sum payment method (b) Net Assets Method (c) Net Payment Method (d) Swap Ratio Method List II (Purchase consideration) (i) Calculated by adding up the total amount (money value) of existing shares…
Amalgamation adjustment account is used for recording:
Which of the following is NOT a method for calculating or ascertaining the amount of purchase consideration?
Showing 8 of 8 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
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