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Dividend cannot be declared out of ______________. - Secretarial Practice

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Question

Dividend cannot be declared out of ______________.

Options

  • Capital

  • Profit

  • Reserves

MCQ
Fill in the Blanks
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Solution

Dividend cannot be declared out of Capital.

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Dividend
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Chapter 10: Dividend and Interest - Exercises [Page 151]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 A) 6. | Page 151
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 10 Dividend and Interest
Select the correct answer from the options | Q 4

RELATED QUESTIONS

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


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.
_________ warrant is a cheque containing dividend amount sent by company to the shareholders.


Select the correct answer from the options given below and rewrite the statement.
___________ is not linked to profits of the company


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 return on investment paid to the shareholders of the company.


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.


Complete the sentence.

Word dividend is derived from Latin term ______.


Answer in one sentence.

What is Dividend?


Answer in one sentence.

What is final Dividend?


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Dividendum 1) ____________
b) Interest 2) ____________
c) ____________ 3) Final Dividend
d) ____________ 4) Interim Dividend
e) Govt. Fund 5) ____________

(Creditors, IEPF, Latin term, At Board Meeting, At AGM)


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)


Correct the underlined word and rewrite the following sentence.

Special Resolution must be passed to declare Final Dividend


Explain the following term/concept.

Profit


Explain the following term/concept.

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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