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Select the correct option from the bracket. Group ‘A’-a) Dividendum, Group ‘B’-1) ____________.

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Question

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)

Fill in the Blanks
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Solution

Group ‘A’ Group ‘B’
a) Dividendum 1) Latin Term
b) Interest 2) Creditors
c) At AGM 3) Final Dividend
d) At Board Meeting 4) Interim Dividend
e) Govt. Fund 5) IEPF
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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 G) (I) | Page 154

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_________ is profit shared by company with a shareholder.


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Dividend is recommended by ______________.


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Dividend should be paid within ________________ days of its declaration


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


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___________ 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 meeting where the final dividend is declared.


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

The shareholders who get dividend at a fixed rate.


Complete the sentence.

Dividend is paid to __________.


Answer in one sentence.

What is final Dividend?


Correct the underlined word and rewrite the following sentence.

Special Resolution must be passed to declare Final Dividend


Explain the following term/concept.

Profit


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 in brief.

State any four points to be kept in mind by a Listed Company with respect to Dividend.


Discuss any four features of dividend.


Answer the following question.

Define Dividend and explain its features.


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