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Balbharati solutions for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board chapter 6 - Correspondence with Members [Latest edition]

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Balbharati solutions for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board chapter 6 - Correspondence with Members - Shaalaa.com
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Solutions for Chapter 6: Correspondence with Members

Below listed, you can find solutions for Chapter 6 of Maharashtra State Board Balbharati for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board.


Exercises
Exercises [Pages 101 - 103]

Balbharati solutions for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board 6 Correspondence with Members Exercises [Pages 101 - 103]

Exercises | Q 1. A) 1. | Page 101

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

Directors are the ____________

  • paid employee of the company

  • representatives of the share holders

  • creditors of the company

Exercises | Q 1. A) 2. | Page 101

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

The dividend is to be paid to the shareholders within ______ days from the date of declaration.

  • 30

  • 40

  • 20

Exercises | Q 1. A) 3. | Page 101

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

Registered shareholders receive dividend through ______ warrant.

  • share

  • debenture

  • dividend

Exercises | Q 1. A) 4. | Page 101

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

Shares issued free of cost to the shareholders are known as ______ shares.

  • preference

  • equity

  • bonus

Exercises | Q 1. A) 5. | Page 101

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

Share Certificate should be ready for delivery by the company within ______ months after the allotment of shares.

  • 3

  • 5

  • 2

Exercises | Q 1. A) 6. | Page 101

Secretarial correspondence with members should be ____________.

  • lengthy

  • shortcut

  • prompt and precise

Exercises | Q 1. A) 7. | Page 101

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

Dividend is recommended by ______

  • Board of Directors

  • shareholders

  • Depositors

Exercises | Q 1. A) 8. | Page 101

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

Dividend is paid out of ______ of the company

  • Capital

  • Building Fund

  • Profit

Exercises | Q 1. A) 9. | Page 101

______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.

  • Dividend Warrant

  • Interest Warrant

  • Share Warrant

Exercises | Q 1. B) | Page 101

Match the pairs.

Group 'A'

Group 'B'

a. Dividend Warrant

1. Instrument for payment of Interest

b. Return on Shares

2. Capitalisation of Building Fund

c. Bonus Shares

3. Electronic Clearing Service

d. ECS

4. Capitalisation of Reserve Fund

e. NEFT

5. National Electronic Fund Transfer

 

6. Dividend

 

7. Electronic Co-operative Society

 

8. National Electronic Fixed Transfer

 

9. Instrument for Payment of Dividend

 

10. Interest

Exercises | Q 1. C) 1. | Page 102

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

Shares given free of cost to the existing equity shareholders.

Exercises | Q 1. C) 2. | Page 102

Give one word or phrase for the following sentence:

The instrument for payment of dividends.

Exercises | Q 1. C) 3. | Page 102

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

The shareholders to whom the bonus shares are issued.

Exercises | Q 1. C) 4. | Page 102

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

The authority which recommends the rate of dividend.

Exercises | Q 1. C) 5. | Page 102

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.

Exercises | Q 1. C) 6. | Page 102

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.

Exercises | Q 1. D) 1. | Page 102

State whether the following statement is true or false.

Bonus shares are issued to existing equity shareholders.

  • True

  • False

Exercises | Q 1. D) 2. | Page 102

State whether the following statement is true or false.

Building fund is used for issue of bonus shares.

  • True

  • False

Exercises | Q 1. D) 3. | Page 102

State whether the following statement is true or false.

Bonus shares means capitalisation of reserve fund.

  • True

  • False

Exercises | Q 1. D) 4. | Page 102

State whether the following statement is true or false.

Registered shareholder gets dividend through dividend coupons.

  • True

  • False

Exercises | Q 1. D) 5. | Page 102

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.

  • True

  • False

Exercises | Q 1. D) 6. | Page 102

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.

  • True

  • False

Exercises | Q 1. D) 7. | Page 102

State whether the following statement is true or false.

A complaint letter should not be replied promptly.

  • True

  • False

Exercises | Q 1. E) 1. | Page 102

Find the odd one.

  • Bonus Letter

  • Dividend Letter

  • Board of Directors

Exercises | Q 1. E) 2. | Page 102

Find the odd one.

  • Dividend Warrant

  • Interest Warrant

  • Demat

  • Share Warrant

Exercises | Q 1. E) 3. | Page 102

Find the odd one.

  • Secretary

  • Board of Directors

  • Dividend

  • Lucid Language

Exercises | Q 1. F) 1. | Page 102

Complete the sentence.

Dividend is recommended by ______

Exercises | Q 1. F) 2. | Page 102

Complete the sentence.

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

Exercises | Q 1. F) 3. | Page 102

Complete the sentence.

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

Exercises | Q 1. F) 4. | Page 102

Complete the sentence.

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

Exercises | Q 1. F) 5. | Page 102

Complete the sentence.

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

Exercises | Q 1. G) | Page 102

Select the correct option from the bracket.

Group ‘A’

Group ‘B’

a) Return on share

1. ______

b) Capitalisation of Reserve Fund

2. ______

c) Correspondence

3. ______

d) ______

4. Payment of Dividend Electronically

Exercises | Q 1. H) 1. | Page 103

Answer in one sentence:
What is dividend warrant?

Exercises | Q 1. H) 2. | Page 103

Answer in one sentence:
What is capitalisation of reserves?

Exercises | Q 1. H) 3. | Page 103

Answer in one sentence:
What is Dividend?

Exercises | Q 1. H) 4. | Page 103

Answer in one sentence:
Who recommends the rate of dividend ?

Exercises | Q 1. H) 5. | Page 103

Answer in one sentence.
Which type of shareholders enjoy the benefit of Bonus Shares?

Exercises | Q 1. H) 6. | Page 103

Answer in one sentence.
What is meant by payment of dividend electronically?

Exercises | Q 1. I) 1. | Page 103

Correct the underlined word and rewrite the following sentence:

Dividend is recommended by shareholders.

Exercises | Q 1. I) 2. | Page 103

Correct the underlined word/s and rewrite the following sentence:
The person who purchases shares of the company is called Depositor

Exercises | Q 1. I) 3. | Page 103

Correct the underlined word and rewrite the following sentence:

Bonus shares are issued as a free gift to the preference shareholders.

Exercises | Q 1. I) 4. | Page 103

Correct the underlined word/s and rewrite the following sentence:
Payment of dividend must be made within 21 days of its declaration.

Exercises | Q 1. I) 5. | Page 103

Correct the underlined word/s and rewrite the following sentence:
A company must issue the Share Certificate within three months of allotment of shares.

Exercises | Q 1. J) 1. | Page 103

Arrange in proper order:

(a) Allotment of shares

(b) Application of shares

(c) Share certificate

Exercises | Q 1. J) 2. | Page 103

Arrange in proper order.
a) Member
b) Applicant
c) Bonus shares

Exercises | Q 2. 1. | Page 103

Explain the following term/concept:
Capitalisation of Reserves

Exercises | Q 2. 2. | Page 103

Explain the following term/concept:
Bonus Shares

Exercises | Q 2. 3. | Page 103

Explain the following term/concept:
Dividend Warrant

Exercises | Q 3. 1. | Page 103

Which precautions are to be taken by the Secretary while corresponding with members?

Exercises | Q 3. 2. | Page 103

What are the circumstances under which Secretary undertakes correspondence with members?

Exercises | Q 4. 1. | Page 103

Justify the following statement
The Company Secretary should take certain precautions while corresponding with members

Exercises | Q 4. 2. | Page 103

Justify the following statement
There are certain circumstances when a Secretary has to correspond with members.

Exercises | Q 5. 1. | Page 103

Attempt the following.

Write a letter to the shareholder regarding issue of Bonus Shares.

Exercises | Q 5. 2. | Page 103

Write a letter to the member for the issue of Share Certificate.

Exercises | Q 5. 3. | Page 103

Write a letter to the member for the payment of dividends through the Dividend Warrant.

Exercises | Q 5. 4. | Page 103

Attempt the following.

Write a letter to the member for the payment of the Interim dividend electronically.

Exercises | Q 5. 5. | Page 103

Attempt the following.

Draft a reply letter resolving the query of the member on low rate of dividend.

Solutions for 6: Correspondence with Members

Exercises
Balbharati solutions for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board chapter 6 - Correspondence with Members - Shaalaa.com

Balbharati solutions for Secretarial Practice [English] 12 Standard HSC Maharashtra State Board chapter 6 - Correspondence with Members

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Concepts covered in Secretarial Practice [English] 12 Standard HSC Maharashtra State Board chapter 6 Correspondence with Members are Precautions to Be Taken by the Secretary While Corresponding with Members, Circumstances Under Which a Secretary Has to Enter into Correspondence with Members, Specimen Letters.

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