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Question
Shares issued free of cost to the shareholders are known as ______ shares.
Options
preference
equity
bonus
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Solution
Shares issued free of cost to the shareholders are known as bonus shares.
Explanation:
Bonus shares are issued free of cost to existing shareholders out of the company’s accumulated profits or reserves. They are given in proportion to the shares already held by the shareholders.
RELATED QUESTIONS
______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.
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Bonus shares means capitalisation of reserve fund.
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Registered shareholder gets dividend through dividend coupons.
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Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.
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A complaint letter should not be replied promptly.
Find the odd one.
Find the odd one.
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Payment of dividend must be made within ______ days of its declaration.
Complete the sentence.
The ______ has to communicate the decisions of the management to the members by conducting correspondence.
Answer in one sentence:
Who recommends the rate of dividend ?
Answer in one sentence.
What is meant by payment of dividend electronically?
Correct the underlined word/s and rewrite the following sentence:
Payment of dividend must be made within 21 days of its declaration.
Arrange in proper order.
a) Member
b) Applicant
c) Bonus shares
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Capitalisation of Reserves
Explain the following term/concept:
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Justify the following statement
The Company Secretary should take certain precautions while corresponding with members
