HSC Commerce (English Medium) इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions for Secretarial Practice

Explain the following term/concept.

Unpaid Dividend Account

Justify the following statement.

Dividend is paid out of the profits of the company.

Justify the following statement.

Unpaid dividend cannot be used by the company.

Fixed capital is also referred as circulating capital.

State whether the following statement is true or false.

NSE is the regulator of all stock exchanges in India.

Correct the underlined word and rewrite the following sentence.

Dividend is paid to creditors.

Study the following case/situation and express your opinion.

Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advise its Board on the following.

1. Does the company need to get shareholders’ approval for accepting deposits?
2. Does the company have to appoint a Debenture Trustee? 
3. Within what period should the company create a charge on its assets?

Study the following case/situation and express your opinion.

SUN Pvt. Ltd. company wants to raise funds through deposits.

1. Can the company accept deposits from the public?
2. Which document should the company issue to invite deposits? 
3. What is the maximum period for which they can accept deposits

Answer in brief.

Discuss the rules governing unpaid and unclaimed dividend.

Correct the underlined word and rewrite the following sentence:

Depositors are owners of the company.

Explain the following term/concept:

Production Cycle

Justify the following statement:

Unpaid dividends cannot be used by the company.

Write a letter to the Debentureholder regarding payment of interest through an interest warrant.

______ capital is used to carry out day-to-day business activities.

Unpaid/unclaimed dividends shall be transferred to Investor Education and Protection fund on expiry of ______ years.

Give one word or phrase for the following sentence:

Borrowed capital of a company.

National Stock Exchange started its trading activities in 1993 under the Securities Contracts (Regulation) act, of 1956.

Every Company must issue or dispatch a share certificate to the allottee within 1 month after the allotment of shares.

Accent Ltd. issues bonus shares in the ratio of 1:2 to the equity shareholders. Write a letter to inform the shareholder.

Write a letter to Amruta Joshi for the Payment of Interest on Debentures by Aventure India Limited, Pune.