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प्रश्न
State, whether the following statements is True or False.
Equity share is a guarantee of fixed rate of dividend.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
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उत्तर
False
Explanation: Preference shares are the shares with a fixed rate of dividend. They receive dividend at the pre-defined rate, whereas equity shares do not guarantee a fixed rate of dividend. Moreover, it is uncertain whether the dividend will be distributed to them or profits will be retained.
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