HSC Commerce: Marketing and Salesmanship १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Secretarial Practice

Interim Dividend is declared by ______________.

Payment of ______ Dividend must be authorised by the Articles of Association.

Select the correct option for the following.

First depository in India ____________.

Answer in one sentence.

When was Depository Act passed in India?

Answer in one sentence.

Name the depositories in India?

Study the following case/situation and express your opinion.

Mr. S holds 50 shares of Peculiar Co. Ltd. in demat form. The company has declared a dividend of ₹ 5/- per share and a Bonus of 1:1 to its shareholders.

1. How will Mr. S get his dividend?
2. Will he get a Bonus share in Physical or demat?
3. Who is entitled to dividend and Bonus: Mr. S or the depository? (NSDL in this case)

Write a word or a term or a phrase which can substitute the following statement.

The company which has to intimate stock exchange about declaration of dividend.

Write a word or a term or a phrase which can substitute the following statement.

Dividend declared between two AGMs.

Write a word or a term or a phrase which can substitute the following statement.

Dividend decided and declared by the Board.

Complete the sentence.

Interim dividend is decided and declared by ______.

Complete the sentence.

Payment of Interim Dividend needs to be authorized by ______.

Answer in one sentence.

What is Interim Dividend?

Answer in one sentence.

Who declares Interim Dividend?

Select the suitable option for the following.

____________ Interim Dividend.

Answer in one sentence.

At which Meeting Interim Dividend is decided and declared?

Correct the underlined word and rewrite the following sentence.

Final Dividend is paid between two AGMs.

Arrange in Proper Order:

1. Payment of Interim Dividend
2. Board meeting deciding and declaring Interim Dividend.
3. Authorization of Articles of Association.

Explain the following term/concept.

Interim Dividend

Study the following case/situation and express your opinion:

ABC Co. Ltd. decides to pay Interim Dividend

1. Can it be paid out of free reserves?
2. Is the Board right in declaring the same at the Board Meeting?
3. Should the company distribute the same within 30 days of its declaration?

Study the following case/situation and express your opinion :

RAJ Company limited decides to pay Interim Dividend

1. Is the Board justified to decide Interim Dividend of ₹ 5/per share even though profits till date are insufficient?
2. Can the Board declare it out of Free Reserves?
3. Can the Board declare it out of Capital?