Secretarial Practice
Secretarial Practice HSC Maharashtra Board Multiple choice questions with answers
1) ______ is related to money and money management.
A) ProductionB) MarketingC) Finance
Ans : Finance
2) Finance is the management of ______ affairs of the company.
A) MonetaryB) MarketingC) Production
Ans : Monetary
3) Corporation finance deals with the acquisition and use of ______ by business corporation.
A) GoodsB) CapitalC) Land
Ans : Capital
4) Companies has to pay ______ to government.
A) TaxesB) DividendC) Interest
Ans : Taxes
5) ______ refers to any kind of fixed assets.
A) Authorised capitalB) Issued capitalC) Fixed capital
Ans : Fixed capital
6) ______ refers to the excess of current assets over current liabilities.
A) Working capitalB) Paid-up capitalC) Subscribed capital
Ans : Working capital
7) Manufacturing industries have to invest ______ amount of funds to acquire fixed assets.
A) HugeB) LessC) Minimal
Ans : Huge
8) When the population is increasing at high rate, certain manufacturers find this as an opportunity to ______ bbusiness.
A) CloseB) ExpandC) Contract
Ans : Expand
9) The sum of all ______ is gross working capital.
A) ExpensesB) Current assetsC) Current liabilities
Ans : Current assets
10) ______ means mix up of various sources of funds in desired proportion.
A) Capital budgetingB) Capital structureC) Capital goods
Ans : Capital structure
11) ______ is a smallest unit in the total share capital of the company.
A) DebentureB) BondsC) Share
Ans : Share
12) The benefit of Depository Receipt is ability to raise capital in ___________ market.
A) NationalB) LocalC) International
Ans : International
13) ______ are residual claimants against the income or assets of the company.
A) BondholdersB) Equity ShareholdersC) Debenture holders
Ans : Equity Shareholders
14) ______ participate in the management of their company
A) Preference shareholdersB) DepositorsC) Equity shareholders
Ans : Equity shareholders
15) ______ shares are issued free of cost to existing equity shareholders.
A) BonusB) RightC) Equity
Ans : Bonus
16) The holder of preference share has right to receive ______ rate of divided.
A) FixedB) FluctuatingC) Lower
Ans : Fixed
17) Accumulated dividend is paid to ______ preference shares.
A) RedeemableB) CumulativeC) Convertible
Ans : Cumulative
18) The holder of ______ preference shares have right to convert their shares into equity shares.
A) CumulativeB) ConvertibleC) Redeemable
Ans : Convertible
19) Debenture holders are ______ of the company.
A) CreditorsB) OwnersC) Suppliers
Ans : Creditors
20) ______ is paid on borrowed capital.
A) InterestB) DiscountC) Dividend
Ans : Interest
21) Debenture holders get fixed rate of ______ as return on their investment.
A) InterestB) DividendC) Discount
Ans : Interest
22) Convertible debentures are converted into ______ after a specific period.
A) Equity sharesB) DepositsC) Bonds
Ans : Equity shares
23) Retained earnings are ______ source of financing.
A) InternalB) ExternalC) Additional
Ans : Internal
24) The holder of bond is ______ of the company.
A) SecretaryB) OwnerC) Creditor
Ans : Creditor
25) Company can accept deposits from public, minimum for ______ months.
A) SixB) NineC) Twelve
Ans : Six
26) Company can accept deposits from public, maximum for ______ months.
A) 12B) 24C) 36
Ans : 36
27) A depository receipt traded in ______ is called American Depository receipt.
A) LondonB) JapanC) U.S.A
Ans : U.S.A
28) ______ refers to capital made up of Equity and preference shares
A) Share capitalB) Debt capitalC) Reserve fund
Ans : Share capital
29) ______ capital refers to maximum capital a company can raise by issuing shares.
A) IssuedB) AuthorisedC) Paid-up
Ans : Authorised
30) ______ means shares are offered to the public.
A) Rights IssueB) Private PlacementC) Public Issue
Ans : Public Issue
31) Under _________ method, issue price of shares is based on bidding.
A) Book BuildingB) Fixed PriceC) Bonus Issue
Ans : Book Building
32) In ________, shares of a company are offered to the public for the first time.
A) Further Public OfferB) Initial Public OfferC) Public OfferD) ESOS
Ans : Initial Public Offer
33) ___________ is offered to existing equity shareholders.
A) IPOB) ESOSC) Rights Issue
Ans : Rights Issue
34) Bonus shares are issued free of cost to ______
A) Existing Equity shareholdersB) Existing employeesC) Directors
Ans : Existing Equity shareholders
35) ______ are offered to permanent employees, Directors and Officers of a company.
A) Bonus SharesB) Rights IssueC) ESOS
Ans : ESOS
36) Under ______, a company offers its securities to a select group of persons not exceeding 200.
A) Private PlacementB) IPOC) Public Offer
Ans : Private Placement
37) The ______ have the power to allot shares.
A) DirectorB) Board of DirectorsC) Company Secretary
Ans : Board of Directors
38) Letter of ______ is sent to applicants who have been given shares by the company.
A) RegretB) RenunciationC) Allotment
Ans : Allotment
39) ______ is a proof of title to Shares.
A) Share CertificateB) Register of MemberC) Letter of Allotment
Ans : Letter of Allotment
40) The gap between two calls should not be less than ______
A) 14 daysB) One monthC) 21 days
Ans : One month
41) Company can ______ shares on non-payment of calls.
A) ForfeitB) SurrenderC) Allot
Ans : Forfeit
42) Voluntarily giving away one’s share to another person is called as______of shares.
A) TransferB) TransmissionC) Surrender
Ans : Transfer
44) ______ of shares takes place due to operation of law.
A) ForfeitureB) AllotmentC) Transmission
Ans : Transmission
45) A company can issue ____________ convertible debentures.
A) Only partlyB) Only fullyC) Partly or fully
Ans : Only fully
46) Money from ___________ Account is used for redemption of debentures
A) CapitalB) Debenture Redemption ReserveC) Profit or loss
Ans : Debenture Redemption Reserve
47) _______ protects the interest of debenture holders
A) Debenture TrusteesB) Debenture holdersC) Redemption Reserve
Ans : Debenture Trustees
48) Secured debentures must be redeemed within _____________ from the date of its issue
A) 10 daysB) 10 yearsC) 15 years
Ans : 10 years
49) A company issuing ______________ debenture must create a charge on the assets of the company
A) SecuredB) UnsecuredC) Redeemable
Ans : Secured
50) Debenture certificate must be issued within ___________ of allotment of debentures.
A) 3 monthsB) 6 monthsC) 60 days
Ans : 6 months
Tags:
Standard 12