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

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Secretarial Practice
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Study the following case/situation and express your opinion :

DIAMOND Co. Ltd. is considering to declare Interim Dividend.

  1. In how many days of the declaration it should transfer the funds to Dividend Account?
  2. In how many days it must pay it to shareholders?
  3. In how many days of the declaration it must transfer the funds to the Unpaid Dividend A/c?
[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

Justify the following statement.

Interim dividend cannot be paid out of free reserves.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

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Justify the following statement.

AGM is crucial for Final Dividend.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

Justify the following statement.

Approval of members is not needed for Interim Dividend.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

Explain Interim Dividend.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Violet Ltd. company plans to raise 10 crores by issuing debentures. The Board of Directors has some queries. Please advise them on the following:
  1. Can the company issue unsecured debentures?
  2. Can they issue irredeemable debentures?
  3. As the company is offering debentures to its members, can such debentures have normal voting rights?
[4] Issue of Debentures
Chapter: [4] Issue of Debentures
Concept: undefined >> undefined

NSDL & CDSL are the only depositories that exist in India.

[9] Depository System
Chapter: [9] Depository System
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Shing Metal Ltd. Company has recently come out with its public offer through FPO. Their issue was over-subscribed. Now the Boord of Directors wants to start the allotment process. Please advise the Board on:
  1. Should the company set up an allotment committee?
  2. How should the company inform the applicants to whom the company is allotting shares?
  3. Within what period should the company issue a share certificate?
[3] Issue of Shares
Chapter: [3] Issue of Shares
Concept: undefined >> undefined

Elaborate on the process for the issue of debentures.

[4] Issue of Debentures
Chapter: [4] Issue of Debentures
Concept: undefined >> undefined

Diamond Company Limited is considering to declare Interim Divided:

  1. In how many days of declaration it should transfer the funds to Dividend Account?
  2. In how many days it must pay it to Shareholders?
  3. Can the Board of Directors declare Interim Dividend out of capital?
[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

State the following statements are True or False.

Capital market is the market for long-term funds.

[11] Financial Market
Chapter: [11] Financial Market
Concept: undefined >> undefined

Big retail stores requires large amount of ............................. capital.

  1. Fixed
  2. Working
  3. Loan
[1] Business Finance
Chapter: [1] Business Finance
Concept: undefined >> undefined

The ____________ recommends the final dividend.

(a) shareholders 

(b) board of directors  

(c) promoters

[5] Declaration and Payment of Dividend
Chapter: [5] Declaration and Payment of Dividend
Concept: undefined >> undefined

Dividend declared by company at is annual general meeting.

[5] Declaration and Payment of Dividend
Chapter: [5] Declaration and Payment of Dividend
Concept: undefined >> undefined

What are the factors affecting requirement of fixed capital?

[1] Business Finance
Chapter: [1] Business Finance
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute each of the following statements:  

A dividend remaining unpaid to shareholders even after the expiry of 30 days of its declaration.

[6] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
Chapter: [6] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
Concept: undefined >> undefined

Draft a Letter to the depositor informing him/her about payment of interest. 

[2] Sources of Business Finance
Chapter: [2] Sources of Business Finance
Concept: undefined >> undefined

Write a word, term, or phrase that can substitute for
the following statement:

The authority which has power to accept deposits.

[2] Sources of Business Finance
Chapter: [2] Sources of Business Finance
Concept: undefined >> undefined

State, with reasons, whether the following statements are True 
or False (Any THREE) :  

A company can accept deposits repayable on demand.

[2] Sources of Business Finance
Chapter: [2] Sources of Business Finance
Concept: undefined >> undefined

Select the proper option from the option given below and rewrite the sentences: 

Company can accept deposits from public, maximum for _____ months. 

[2] Sources of Business Finance
Chapter: [2] Sources of Business Finance
Concept: undefined >> undefined
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