HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Important Questions

ISIN is a code given to a company.

Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:

1. Which form is he required to fill as a written request to the DP-DRF or RRF?
2. Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
3. Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?

Explain the following term/concept:

Depository system

Study the following case/situation and express your opinion.

1. Mr. Satish holds a Savings Bank Account with SBI Can he deposit his shares in this account for demat?
2. What type of account is needed for the same?
3. Is the RBI which will be the custodian of shares of Mr. Satish after demating?

Interim Dividend is declared by ______________.

Payment of ______ Dividend must be authorised by the Articles of Association.

______ is a return paid to creditors by the company.

Write a word or a term or a phrase which can substitute the following statement.

The return on investment paid to the shareholders of the company.

Dividend cannot be paid out of capital.

Answer in one sentence.

Who has right to recommend Dividend?

Correct the underlined word and rewrite the following sentence.

Dividend must be paid within 60 days of its declaration.

Correct the underlined word and rewrite the following sentence:

Dividend is an obligation to be paid by a company every year.

Correct the underlined word and rewrite the following sentence.

Preference shareholders get dividends from residual profits.

Correct the underlined word and rewrite the following sentence.

Dividend is payable every year, irrespective of the profits made by the company.

Explain the following term/concept.

Final Dividend

Explain the following term/concept.

Rate of Dividend.

Study the following case/situation and express your opinion :

DIAMOND Co. Ltd. is considering to declare Interim Dividend.

1. In how many days of the declaration it should transfer the funds to Dividend Account?
2. In how many days it must pay it to shareholders?
3. In how many days of the declaration it must transfer the funds to the Unpaid Dividend A/c?

Discuss any four features of dividend.

Justify the following statement.

Interim dividend cannot be paid out of free reserves.

Justify the following statement.

Equity shares get last priority in dividend.