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Chapters
2: Sources of Corporate Finance
3: Issue of Shares
4: Issue of Debentures
5: Deposits
6: Correspondence with Members
7: Correspondence with Debentureholders
8: Correspondence with Depositors
9: Depository System
▶ 10: Dividend and Interest
11: Financial Market
12: Stock Exchange
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Solutions for Chapter 10: Dividend and Interest
Below listed, you can find solutions for Chapter 10 of Maharashtra State Board SCERT Maharashtra for Secretarial Practice [English] 12 Standard HSC.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Select the correct answer from the options
Dividend is recommended by ______________.
Managing Director
Secretary
Board of Directors
Interim Dividend is declared by ______________.
Board of Directors
Debentureholders
Depositors
Final Dividend is declared by ______.
Board of Directors
Shareholders
Depositors
Dividend cannot be declared out of ______________.
Capital
Profit
Reserves
Payment of __________ Dividend must be authorized by the Articles of Association.
Interim
Final
Bonus
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Write a word or a term or a phrase
Write a word or a term or a phrase which can substitute the following statement.
The meeting where final dividend is declared.
Write a word or a term or a phrase which can substitute the following statement.
Dividend declared between two AGMs.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest True or false
State whether the following statement is true or false.
Dividend cannot be paid out of capital.
True
False
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Odd one
Find the odd one.
Final Dividend
Interim Dividend
Interest
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Complete the sentences
Complete the sentence.
Word dividend is derived from Latin term ______.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Answer in one sentence
Answer in one sentence.
Who has right to recommend Dividend?
Answer in one sentence.
What is final Dividend?
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Correct the underlined word/s and rewrite the following sentences
Correct the underlined word and rewrite the following sentence.
Dividend is paid to creditors.
Correct the underlined word and rewrite the following sentence.
Special Resolution must be passed to declare Final Dividend
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Explain the following terms/concepts
Explain the following term/concept.
Dividend
Explain the following term/concept.
Interest
Explain the following term/concept.
Final Dividend
Explain the following term/concept.
Interim Dividend
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Study the following case/situation and express your opinion
Study the following case/situation and express your opinion :
ABC Co. Ltd. decides to pay Interim Dividend
- Can it be paid out of free reserves?
- Is the Board right in declaring the same at the Board Meeting?
- Can the company distribute the same within 30 days of its declaration?
Study the following case/situation and express your opinion :
DIAMOND Co. Ltd. is considering to declare Interim Dividend.
- In how many days of the declaration it should transfer the funds to Dividend Account?
- In how many days it must pay it to shareholders?
- In how many days of the declaration it must transfer the funds to the Unpaid Dividend A/c?
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Distinguish between
Distinguish between the following:
Interim dividend and Final dividend.
Distinguish between the following:
Dividend and Interest
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Answer in brief
Explain the features of Interest.
Answer in brief.
Discuss the rules governing unpaid and unclaimed dividend.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 10 Dividend and Interest Justify the following statements
Justify the following statement.
Dividend is paid out of profits of the company.
Justify the following statement.
Interim dividend cannot be paid out of free reserves.
Justify the following statement.
Approval of members is not needed for Interim Dividend.
Solutions for 10: Dividend and Interest
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC chapter 10 - Dividend and Interest
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Concepts covered in Secretarial Practice [English] 12 Standard HSC chapter 10 Dividend and Interest are Dividend, Legal Provisions on Dividend, Unpaid and Unclaimed Dividend, Modes of Payment of Dividend, Interim Dividend, Interest.
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