SUCCESS ACADEMY
SECRETARIAL PRACTICE
24/01/2013
B
100 Marks
Q .1. (A) Select the proper option from the options given below and rewrite the sentences.
(5 Marks)
(1) The authority to allot shares is given to _____________(Board of Directors, Chairman, Secretary)
(2) The Interval between two consecutive calls on shares must not be less than __________months.(Three, Six,
one)
(3) Dividend is a part of _________. ( Capital, Profit, Reserve Fund)
(4) Debenture Holders are ______ of the company. (Owner, Creditors, Debtors)
(5) The unpaid amount of share capital is demanded by sending _____letter. (Call, Forfeiture, Regret)
(B) Match the pairs:
1.
2.
3.
4.
5.
Group A
Letter of regret
Equity Shares
Employees stock option scheme
Debenture Certificate
Committee report
(5 Marks)
Group B
1.Evidence of Deposit
2.Borrowed Capital
3.Evidence of loan
4.Owned Capital
5.Employees participation in management
6.Prepared by directors
7.Employees insurance scheme
8.Prepared by experts
9.Bearer Document
10.Refund Order
(C) Fill in the blanks and rewrite the sentences:
1.
2.
3.
4.
5.
(5 Marks)
Right issue of shares is offered to ______________ shareholders.
The __________ dividend is declared in between two annual general meeting.
A company can accept deposits for maximum ____months.
Fixed rate of dividend is given on________shares.
The record of the proceedings of a meeting is called ______________.
(D) Write a word or phrase or a term which can substitute each one of the following statements.
1.
2.
3.
4.
5.
(5 Marks)
The capital which is mentioned in the Memorandum of Association.
Transfer of shares by operation of law.
An account to be opened by an investor for handling shares in electronic form.
A report prepared by a committee of experts.
The place where securities are bought and sold.
Q.2. Write short notes on any THREE of the following:
(15 Marks)
1. Minutes Book 2. Renewal of Deposits. 3. Share Warrant. 4. Annual Report. 5. Features of equity shares.
Q.3. Distinguish between the following (Any THREE)
(15 Marks)
ALL THE BEST
SUCCESS ACADEMY
24/01/2013
1. Shares and Debentures
2. Letter of
allotment and Letter of Regret. 3. Committee Report and Progress Report.
4. Interim Dividend and Final Dividend. 5. Transfer of shares and Transmission of shares.
Q.4.State with reasons whether the following statements are True or False.
1.
2.
3.
4.
5.
(15 Marks)
Fully paid share can be converted into stock.
Committee report is prepared by an auditor
The Register of Members is a non-statutory book.
Final dividend is declared in Annual General meeting.
Debenture holder is the owner of the company.
Q.5. Write short answers of the following (Any Three).
(15 Marks)
1. State the importance of Reports. 2. State the content of Register of Members
3. Explain the term forfeiture of shares 4.Role of Stock exchange in capital markets.
5. Provision regarding payment of dividend to the shareholders of a company.
Q.6. what is preference shares? Explain various types of preference shares?
(10 marks)
OR
What is share capital? Describe various types of share capital?
Q.7. Write a letter to shareholder for allotment of Shares to the applicant.
OR
Write a letter of thanks to the depositors of a company.
ALL THE BEST
(10 Marks)
(10 Marks)