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  9. Q60

UKPSC PCS 2021 · Question 60 of 148

Sweat Equity shares are issued to which of the following?

Economy

  1. AOrdinary Shareholders
  2. BPreference Shareholders
  3. CBoth (a) and (b)
  4. DEmployees of the companyCorrect

Answer: D. Employees of the company

Explanation

Sweat equity shares are issued to employees/directors for their contribution.

Source: UKPSC PCS Prelims 2021 GS (Paper-I), Series-A (TRB), held 03-Apr-2022

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