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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.

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Question

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.

Options

  • True

  • False

MCQ
True or False
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Solution

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

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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) 5. | Page 102

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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.


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


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.

Shares given free of cost to the existing equity shareholders.


Answer in one sentence:
What is Dividend?


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 and rewrite the following sentence:

Dividend is recommended by shareholders.


Correct the underlined word and rewrite the following sentence:

Bonus shares are issued as a free gift to the preference 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:
Dividend Warrant


Justify the following statement
The Company Secretary should take certain precautions while corresponding with members


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