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

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

The authority which recommends the rate of dividend.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

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

An officer who comes into contact with all the members of the company through correspondence.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

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

A special kind of cheque issued by a company on its banker to pay certain sum of money as dividend to its members.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

State whether the following statement is true or false.

Bonus shares are issued to existing equity shareholders.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

State whether the following statement is true or false.

Building fund is used for issue of bonus shares.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Justify the following statement:

All companies cannot accept deposits from the public.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

State whether the following statement is true or false.

Bonus shares means capitalisation of reserve fund.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

State whether the following statement is true or false.

Registered shareholder gets dividend through dividend coupons.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

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.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

State whether the following statement is true or false.

Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

State whether the following statement is true or false.

A complaint letter should not be replied promptly.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Find the odd one.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Justify the following statement.

The company issuing the deposit must open Deposit Repayment Reserve Account.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Find the odd one.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Find the odd one.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Complete the sentence.

Dividend is recommended by ______

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Complete the sentence.

A company capitalises its Reserve Fund for issue of ______ shares.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Complete the sentence.

Payment of dividend must be made within ______ days of its declaration.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Complete the sentence.

Dividend is approved by the ______ in the Annual General Meeting.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Complete the sentence.

The ______ has to communicate the decisions of the management to the members by conducting correspondence.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined
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