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State whether the following statement is true or false. Bonus shares means capitalisation of reserve fund. - Secretarial Practice

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Question

State whether the following statement is true or false.

Bonus shares means capitalisation of reserve fund.

Options

  • True

  • False

MCQ
True or False
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Solution

Bonus shares means capitalisation of reserve fund. - True

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Precautions to Be Taken by the Secretary While Corresponding with Members
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Chapter 6: Correspondence with Members - Exercises [Page 102]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. D) 3. | Page 102

RELATED QUESTIONS

Shares issued free of cost to the shareholders are known as ______ shares.


Secretarial correspondence with members should be ____________.


Select the correct answer from the options given below and rewrite the statement.

Dividend is paid out of ______ of the company


______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.


Match the pairs.

Group 'A'

Group 'B'

a. Dividend Warrant

1. Instrument for payment of Interest

b. Return on Shares

2. Capitalisation of Building Fund

c. Bonus Shares

3. Electronic Clearing Service

d. ECS

4. Capitalisation of Reserve Fund

e. NEFT

5. National Electronic Fund Transfer

 

6. Dividend

 

7. Electronic Co-operative Society

 

8. National Electronic Fixed Transfer

 

9. Instrument for Payment of Dividend

 

10. Interest


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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.


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.

Dividend is the portion of the profits of the company which is allotted to the holders of the debentures of the company.


Complete the sentence.

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.


Correct the underlined word and rewrite the following sentence:

Dividend is recommended by shareholders.


Correct the underlined word/s and rewrite the following sentence:
Payment of dividend must be made within 21 days of its declaration.


Correct the underlined word/s and rewrite the following sentence:
A company must issue the Share Certificate within three months of allotment of shares.


Explain the following term/concept:
Capitalisation of Reserves


Explain the following term/concept:
Dividend Warrant


Find the odd one.


Explain the following term/concept. 

Correct information


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