English

Dividend cannot be declared out of ______________.

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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]

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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] Standard 12 Maharashtra State Board
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.
_________ is profit shared by company with a shareholder.


Final Dividend is declared by ______.


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) Must inform stock exchange about Dividend declaration
b) Interest 2) Creditors
c) IEPF 3) Registered Shareholders.
d) Unpaid Dividend Account 4) Balance of unpaid Dividend Transferred here.
e) Listed Company 5) Unregistered company.
  6) Non-listed company.
  7) Unpaid/Unclaimed Dividend.
  8) Balance of unpaid Bonus transferred here.
  9) Must inform Government about Dividend declaration.
  10) General Public.

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

The shareholders who get dividend at a fixed rate.


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

The shareholders who get dividend at a fluctuating 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 ______.


Complete the sentence.

Dividend is paid to __________.


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)


Explain the following term/concept.

Profit


Explain the following term/concept.

Dividend


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?

Answer the following question.

Define Dividend and explain its features.


Give one word or phrase for the following sentence:

Latin word for "Dividend".


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