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

Answer the following question.

Define preference shares. What are the different types of preference shares?

Answer the following question.

What are preference shares? State it’s features

Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.

Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.

Return of deposit must be filed every year on or before ______.

Write a word or a term or a phrase which can substitute the following statement.
A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.

Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.

Write a word or a term or a phrase which can substitute the following statement.
Minimum tenure of a deposit.

Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit

Write a word or a term or a phrase which can substitute the following statement.
Period within which a company has to create a charge on its tangible assets

Write a word or a term or a phrase which can substitute the following statement.
Document issued by a company to invite its members to subscribe for its Deposits.

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

Agreement between company and Deposit Trustee.

Write a word or a term or a phrase which can substitute the following statement.
Time within which company has to issue deposit Receipt

Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.

Return of deposit must be filed every year on or before 31st March.

State whether the following statement is true or false.
Eligible public company can collect deposits from its members.

Government company can collect deposits from its members.

State whether the following statement is true or false.

A private company can collect deposits from public.

State whether the following statement is true or false.

Deposit can be accepted for a maximum of 36 months.

State whether the following statement is true or false.

Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.