HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Secretarial Practice

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

Type of resolution needed to issue convertible debentures.

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

statement.
Account to be created for redemption of debentures.

Explain the following term/concept.

Financing decision

Explain the following term/concept.

Investment decision

Study the following case/situation and express your opinion.

The management of 'Maharashtra State Road Transport Corporation', wants to determine the size of working capital.

1. Being a public utility service provider, will it need less working capital or more?
2. Being a public utility service provider, will it need more Fixed Capital?
3. Give one example of public utility service that you come across on day-to-day basis.

Study the following case/situation and express your opinion.

A company is planning to enhance it's production capacity and is evaluating the possibility of purchasing new machinery whose cost is 2 crore or has alternative of machinery available on lease basis.

1. What type of asset is machinery?
2. Capital used for purchase of machinery is fixed capital or working capital?
3. Does the size of a business determine the fixed capital requirement?

State whether the following statement is or false.
Debenture holders have no voting rights.

State whether the following statement is or false.
Special Resolution is needed to issue convertible debentures.

State whether the following statement is or false.
Company cannot issue non-convertible debentures.

State whether the following statement is or false.
Debenture Trustees can not approach NCLT to redress grievances of debenture holders.

Answer in brief.

Define capital structure and state it’s components.

What is corporate finance and state two decisions which are the basis of corporate finance?

Correct the underlined word and rewrite the following sentence:
Debenture trustees redress the grievances of Shareholders.

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

______ is a smallest unit in the total share capital of the company.

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

______ are residual claimants against the income or assets of the company.

______ participate in the management of their company.

______ shares are issued free of cost to existing equity shareholders.

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

The holder of preference share has right to receive ______ rate of divided.

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

The accumulated dividend is paid to ______ preference shares.

The holder of ______ preference shares has the right to convert their shares into equity shares.