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

Discuss the factors determining working capital requirement.

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

Retained earnings are ______ source of financing.

Answer in one sentence.
Which companies can accept deposits from the public?

Answer in one sentence.
What is the maximum deposit the Government company can collect?

Answer in one sentence.
Within what period should a company issue Deposit Receipt?

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

The policy of using undistributed profit for the business.

Find the odd one.

Answer in one sentence.

What are retained earnings?

Correct the underlined word and rewrite the following sentence.

Retained earnings is an external source of finance.

Explain the following term/concept.

Ploughing back of profit

Study the following case/situation and express your opinion.

The Balance-sheet of a Donald Company for the year 2018-19 reveals equity share capital of Rs. 25,00,000 and retained earnings of Rs. 50,00,000.

1. Is the company financially sound?
2. Can the retained earnings be converted into capital?
3. What type of source retained earning is?

Justify the following statement.

Retained earning is simple and cheapest method of raising finance.

Select the correct answer from the options given below and rewrite the statement:
Eligible public company and Government Company can collect deposits from _____________.

Select the correct answer from the options given below and rewrite the statement:
A __________ Company can accept deposits from public not exceeding 35% of its paid-up share Capital and free reserves..

Deposit can be accepted for a minimum of 6 months and a maximum for ______ months.

Company has to appoint ______ to protect the interest of depositors.

Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit

Match the pairs.

Find the odd one.

Complete the sentence:
A Government company can accept deposits from public not exceeding ____________.