English

Dividend is recommended by ______________.

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Question

Dividend is recommended by ______________.

Options

  • Managing Director

  • Secretary

  • Board of Directors

MCQ
Fill in the Blanks
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Solution

Dividend is recommended by Board of Directors.

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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) 3. | 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 1

RELATED QUESTIONS

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


______ 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.


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

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.


Complete the sentence.

Word dividend is derived from Latin term ______.


Answer in one sentence.

What is Dividend?


Correct the underlined word and rewrite the following sentence.

Special Resolution must be passed to declare Final Dividend


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?

Answer the following question.

Define Dividend and explain its features.


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