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Correct the underlined word and rewrite the following sentence. Special Resolution must be passed to declare Final Dividend - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence.

Special Resolution must be passed to declare Final Dividend

One Line Answer
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Solution

Board Resolution and Ordinary Resolution must be passed to declare Final Dividend.

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Chapter 10: Dividend and Interest - Exercises [Page 154]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 I) 4. | Page 154
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 10 Dividend and Interest
Correct the underlined word/s and rewrite the following sentences | Q 2

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.
Dividend is paid to ___________.


Final Dividend is declared by ______.


Dividend cannot be declared out of ______________.


Select the correct answer from the options given below and rewrite the statement.
Dividend amount should be transferred in a separate Bank Account within ____________ days of its declaration


Select the correct answer from the options given below and rewrite the statement.
Dividend should be paid within ________________ days of its declaration


Select the correct answer from the options given below and rewrite the statement.
__________ holders get dividend from residual profits.


Select the correct answer from the options given below and rewrite the statement.
_________ warrant is a cheque containing dividend amount sent by company to the shareholders.


Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Equity Shareholders
b) Interest 2) Appropriation of profit.
c) Interim Dividend 3) Recommendation of Secretary.
d) Final Dividend 4) Registrar of company.
e) Fluctuating Rate of Dividend 5) Obligatory to pay
  6) Decided and Declared by the Board of Directors.
  7) Decided by Board; declared by Members.
  8) Decided by President of India.
  9) Company not allowed to pay.
  10) Declared by Govt. of India

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

The shareholders who get dividend at a fixed rate.


State whether the following statement is true or false.

Dividend is decided by the Board.


State whether the following statement is true or false.

Dividend is decided by the shareholders.


Complete the sentence.

Word dividend is derived from Latin term ______.


Answer in one sentence.

What is Dividend?


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Preference Shares 1) ____________
b) Equity Shares 2) ____________
c) Deposit holders 3) ____________
d) ____________ 4) Payment of Dividend
e) ____________ 5) Dividend Declared but not paid/claimed

(Unclaimed/Unpaid Dividend, Fixed rate Dividend, Dividend at a Fluctuating Rate, Interest, Within 30 days)


Select the suitable option for the following.

Dividendum ____________.


Explain the following term/concept.

Rate of Dividend.


Study the following case/situation and express your opinion :

LMN Co Limited decides to declare a dividend for the financial year 2018-19 in which it has earned profits less than their expectations.

  1. Is Board right in recommending a dividend of Rs. 5/- per share out of free reserves?
  2. Can Board declare the dividend though it is not approved by AGM?
  3. Can the Board give dividends in the form of gifts?

Give one word or phrase for the following sentence:

Latin word for "Dividend".


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