Question

A preference share is one

1. which carries preferential right with respect to payment of dividend at fixed rate
2. which carries preferential right with respect to payment of capital on winding up

विकल्प

• Only (i) is correct

• Only (ii) is correct

• Both (i) and (ii) are correct

• Both (i) and (ii) are incorrect

Answer 1

Both (i) and (ii) are correct