Advertisements
Advertisements
Question
Shares issued free of cost to the shareholders are known as ______ shares.
Options
preference
equity
bonus
Advertisements
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
Select the correct answer from the options given below and rewrite the statement.
Directors are the ____________
Select the correct answer from the options given below and rewrite the statement.
Registered shareholders receive dividend through ______ warrant.
Select the correct answer from the options given below and rewrite the statement.
Share Certificate should be ready for delivery by the company within ______ months after the allotment of shares.
______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.
Write a word or a term or a phrase which can substitute the following statement.
Shares given free of cost to the existing equity shareholders.
Write a word or a term or a phrase which can substitute the following statement.
The authority which recommends the rate of dividend.
Write a word or a term or a phrase which can substitute the following statement.
An officer who comes into contact with all the members of the company through correspondence.
Write a word or a term or a phrase which can substitute the following statement.
A special kind of cheque issued by a company on its banker to pay certain sum of money as dividend to its members.
State whether the following statement is true or false.
Bonus shares are issued to existing equity shareholders.
State whether the following statement is true or false.
Building fund is used for issue of bonus shares.
State whether the following statement is true or false.
Dividend is the portion of the profits of the company which is allotted to the holders of the debentures of the company.
Find the odd one.
Find the odd one.
Find the odd one.
Select the correct option from the bracket.
| Group ‘A’ |
Group ‘B’ |
|
a) Return on share |
1. ______ |
|
b) Capitalisation of Reserve Fund |
2. ______ |
|
c) Correspondence |
3. ______ |
|
d) ______ |
4. Payment of Dividend Electronically |
Which precautions are to be taken by the Secretary while corresponding with members?
