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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions

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Justify the following statement.

Unpaid dividend cannot be used by the company.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Unpaid and Unclaimed Dividend

Justify the following statement.

Interest is a liability/obligation of the company.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Interest

Justify the following statement.

Approval of members is not needed for Interim Dividend.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Interim Dividend

Answer in brief.

Discuss the rules governing unpaid and unclaimed dividend.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Unpaid and Unclaimed Dividend

Dividends can be paid out of capital.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Legal Provisions on Dividend

Justify the following statement:

Unpaid dividends cannot be used by the company.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Unpaid and Unclaimed Dividend

Unpaid/unclaimed dividends shall be transferred to Investor Education and Protection fund on expiry of ______ years.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Unpaid and Unclaimed Dividend

Give one word or phrase for the following sentence:

Latin word for "Dividend".

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Dividend

Justify the following statement.

Unpaid/Unclaimed Dividend is governed by some rules.

Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Unpaid and Unclaimed Dividend

Diamond Company Limited is considering to declare Interim Divided:

  1. In how many days of declaration it should transfer the funds to Dividend Account?
  2. In how many days it must pay it to Shareholders?
  3. Can the Board of Directors declare Interim Dividend out of capital?
Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Interim Dividend

Study the following case/situation and express your opinion:

GOLD Co. Ltd. declares a dividend of ₹ 10/- per share for F.Y. 2019-20.

  1. Is the company under default, if the dividend was not paid within 30 days of its declaration?
  2. Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?
  3. Does the company have to transfer the amount of unpaid dividends to IEPF after 30 days?
Appears in 1 question paper
Chapter: [10] Dividend and Interest
Concept: Legal Provisions on Dividend

Central government is a borrower in the money market through the issue of ______.

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

Write a word or a term or a phrase which can substitute the following statement.
A market which provides long term funds

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

Write a word or a term or a phrase that can substitute the following statement.
A market that exclusively deals with the new issue of securities

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

Money market is the market for the long term funds.

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

Primary market is also known as new issue market.

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Capital Market

Justify the following statement.
Financial markets acts as link between investor and borrower.

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

Justify the following statement.

There are many participants in money market.

Appears in 1 question paper
Chapter: [11] Financial Market
Concept: Types of Financial Market

The company has to obtain consent of ............................ if issue of debentures exceeds Rs. 1 crore.

  1. SEBI
  2. Registrar
  3. National Stock Exchange
Appears in 1 question paper
Chapter: [12] Stock Exchange
Concept: Securities and Exchange Board of India (SEBI)

Select the correct answer from the possible choices given below and rewrite the statement :

A market where existing securities are resold or traded in called ______ market.

Appears in 1 question paper
Chapter: [12] Stock Exchange
Concept: Capital Market >> Secondary Market/Stock Exchange
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