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Question
State whether the following statement is true or false.
Building fund is used for issue of bonus shares.
Options
True
False
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Solution
Building fund is used for issue of bonus shares. - False
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Registered shareholders receive dividend through ______ warrant.
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 |
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 means capitalisation of reserve fund.
Complete the sentence.
Payment of dividend must be made within ______ days of its declaration.
Complete the sentence.
Dividend is approved by the ______ in the Annual General Meeting.
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 |
Answer in one sentence:
Who recommends the rate of dividend ?
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.
Arrange in proper order.
a) Member
b) Applicant
c) Bonus shares
Explain the following term/concept:
Capitalisation of Reserves
Explain the following term/concept:
Bonus Shares
Justify the following statement
The Company Secretary should take certain precautions while corresponding with members
Explain the following term/concept.
Correct information
