HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Secretarial Practice

Correct the underlined word and rewrite the following sentence.

Owned capital is temporary capital.

Explain the following term/concept.

Owned capital

Answer in brief.

What is public deposit?

Justify the following statement.

Public deposit is good source of short term financing.

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

Appropriation of shares to an applicant.

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

Committee set up to decide the formula for allotment of shares in case of over subscription.

State whether the following statement is true or false.

Allotment of shares must be done within one month of receipt of application money.

Find the odd one.

Complete the sentence.

Letter sent to applicants for informing them shares are allotted is called as ______

Complete the sentence.

When applications received are more than the number of shares offered, it is called as ______

Answer in one sentence.

What is the time limit to issue share certificate on allotment of shares?

Answer in one sentence.

What is the time limit for filing Return of Allotment with the Registrar on allotment of shares?

Answer in one sentence.

What is the minimum application money to be collected by company as per the Companies Act?

Correct the underlined word and rewrite the following sentence.

Letter of Allotment is sent to applicants when no shares are allotted to them.

Arrange in proper order.

1. Forfeiture of shares.
2. Calls on shares.
3. Allotment of shares.

Arrange in proper order.

1. Share certificate
2. Allotment letter
3. Application form

Arrange in proper order.

1. Return of allotment
2. Application form
3. Minimum subscription

Explain the following term/concept.

Allotment of shares

Select the correct answer from the options given below and rewrite the statement:
Company can issue circular or advertisement for inviting deposits after _________ days of filing it with Registrar of Companies.

Select the correct answer from the options given below and rewrite the statement:
Charge on assets is to be created when a company issues ______________.