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Secretarial Practice 2014-2015 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Secretarial Practice
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2014-2015
Date: March 2015
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[15]1
[5]1.1 | Select the proper option from the option given below and rewrite the sentences
[1]1.1.1

Big retail stores requires large amount of ............................. capital.

  1. Fixed
  2. Working
  3. Loan
Concept: undefined - undefined
Chapter: [0.01] Business Finance
[1]1.1.2

Preference shares carry dividend at ..........................  rate.

  1. Fixed
  2. Fluctuating
  3. Lower
Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[1]1.1.3

If a Shares of Rs.100 is issued at Rs,110, it is said to be issued at ............................

  1. Par
  2. Profit
  3. Premium
Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
[1]1.1.4

The company has to obtain consent of ............................ if issue of debentures exceeds Rs. 1 crore.

  1. SEBI
  2. Registrar
  3. National Stock Exchange
Concept: undefined - undefined
Chapter: [0.07] Financial markets
[1]1.1.5

A company must give receipt for deposit to the depositor within ............................. weeks of its acceptance.

  1. Two
  2. Four
  3. Eight
Concept: undefined - undefined
Chapter: [0.04] Role of a Secretary in the Capital Formation Part 2
[5]1.2 | Match The Correct Pairs
  Group 'A'   Group 'B'
1 Financial Management a Distribution of profit
2 Retained profit b Deposits less than Rs. 20,000
3 Debenture trustees c Capitalisation of profit
4 Small depositors d 1996
5

Depository Act

e Management of business funds
    f Borrowed capital
    g Protect interest of debentures holders
    h Management of business activities
    i Deposits less than Rs. 25,000
    j 1956
Concept: undefined - undefined
Chapter: [0.01] Business Finance
[5]1.3 | Write a word or a term or a phrase which can substitute each of the following statements.
[1]1.3.1

The type of shareholders who can participate in the management of the company.

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[1]1.3.2

A document which is an invitation in general public to subscribe for share of company.

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[1]1.3.3

The maximum period upto which deposits can be accepted.

Concept: undefined - undefined
Chapter: [0.04] Role of a Secretary in the Capital Formation Part 2
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[1]1.3.4

An organisation where securities / shares are held in electronic form.

Concept: undefined - undefined
Chapter: [0.04] Role of a Secretary in the Capital Formation Part 2
[1]1.3.5

Dividend declared by a company at its annual general meeting.

Concept: undefined - undefined
Chapter: [0.05] Declaration and Payment of Dividend
[15]2 | Distinguish between the following. (Any Three)
[5]2.1

Distinguish between Fixed capital and Working capital.

Concept: undefined - undefined
Chapter: [0.01] Introduction to Corporate Finance
[5]2.2

Equity Shares and Preference Shares.

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[5]2.3

Share certificate and Share Warrant.

Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
[5]2.4

Distinguish between the following:

Interim dividend and Final dividend.

Concept: undefined - undefined
Chapter: [0.1] Dividend and Interest
[5]2.5

Distinguish between money market and capital market.

Concept: undefined - undefined
Chapter: [0.07] Financial markets [0.11] Financial Market
[15]3 | Write notes on (Any Three)
[5]3.1

Trade Credit

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[5]3.2

Employee stock option scheme.

Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
[5]3.3

Statutory conditions of allotment of shares.

Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
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[5]3.4

Procedure for conversion of debentures.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[5]3.5

Methods of redemption of debentures.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[15]4 | State with reasons, whether the following statements are True or False. (Any Three)
[5]4.1

State, with reasons, whether the following statement is True or False.

Financial management is essential for all types of organisations.

Concept: undefined - undefined
Chapter: [0.01] Business Finance
[5]4.2

State, with reason, whether the following statement is True or False

The bond holders are owners of the company.

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[5]4.3

Transfer of shares is initiated by the company.

Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
[5]4.4

Debenture holders are creditors of the company.

Concept: undefined - undefined
Chapter: [0.02] Sources of Business Finance
[5]4.5

State, with reasons, whether the following statements are True or False

Depositor's approval is must for renewal of deposit.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[10]5 | Attempt the following (Any TWO)
[5]5.1

Write a letter regarding payment of interest on debentures.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[5]5.2

Draft a letter of thanks to the depositor of a company.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[5]5.3

What are the points to be borne in mind while writing letters to the members?

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors
[5]5.4

State the preliminary steps in the issue of shares

Concept: undefined - undefined
Chapter: [0.03] Role of a Secretary in the Capital Formation Part 1
[10]6

Write a letter to a shareholder regarding issue of bonus shares.

Concept: undefined - undefined
Chapter: [0.06] Correspondence of Company Secretary with Members, Debenture Holders and Depositors

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