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Std.XII:S.P
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EMINENT LEARNING
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01
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BOARD QUESTION PAPER OCT 2014
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Time:
3 Hours
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Max.
Marks: 80
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Notes:(1) All questions are
compulsory.
(2) Figures to the right indicate full marks
for the questions.
(3) Figures to the left indicate question
marks.
(4) Answer to every question must be
started on new page.
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Q.1.(A).Select the correct answer
from the possible choices given below and rewrite the statement:
(5)
(1)
Normally ………….. gives advices to the board of directors in respect of
financial matters.
(a) auditor (b)
secretary (c) finance manager
(2) A company must
issue ……… shares.
(a)preference
(b)bonus (c) equity
(3) Transfer of
shares by operation of law is called …….. of shares
(a) transfer (b) allotment (c) transmission
(4) Fully convertible
debentures are converted into …….. shares
on maturity
(a) equity (b) defferred (c) bonus
(5) Dividend warrants
are issued to …….. holders for getting dividend.
(a) share certificate (b) share warrant (c)
coupon
(B)Match the correct pairs: (5)
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Group ‘A’
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Group ‘B’
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(a)Debenture holders
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(1) Approval of Secretary
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(b)Renewal of deposits
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(2) Declared between two annual General Meetings
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(c)Interim dividend
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(3) Creditors of the company
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(d)Letter
of regret
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(4) Primary market
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(e)Stock Exchange
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(5) Approval of depositors
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(6) Owners of the company
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(7) Declared in extra ordinary general meetings
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(8) Share applicant becomes shareholder
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(9) Secondary market
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(10) Refund order
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(C)Write a word or a term or a
phrase which can substitute each of the following statements: (5)
(1) The basic principle of business activities that aims at
profit.
(2) The value of share which is written on the share
certificate and mentioned in the memorandum of association.
(3) A document which is an invitation to the general public
to subscribe for shares of company.
(4) An acknowledgement of the deposit accepted by a company.
(5) The institution which regulates business in stock
exchange.
Q2. Distinguish between the
following(Any three) (15)
(1)
Fixed capital and Working capital.
(2) Equity shares and
preference shares
(3) Share certificate
and share warrant.
(4) Dematerialisation
and Rematerialization.
(5) Final dividend
and Interim dividend.
Q3. Write short notes on:(Any three)
(15)
(1) Bonus shares.
(2) Conditions of
valid allotment.
(3) Renewal of
deposits.
(4) Depositary
(5) Provisions
regarding unclaimed/unpaid dividend.
Q4. State with reasons,whether the
following statements are True or False:(Any three) (15)
(1) Requirement of working capital
does not depend upon any factor.
(2) The bond holders
are owners of the company.
(3) Rights shares
are issued to the general public.
(4) Preference
shareholders do not enjoy normal voting rights.
(5) Stock exchanges
reflect financial progress of the company.
Q5. Attempt the following: (Any two)
(10)
(1) Write a letter to a debenture
holder informing him about conversion of
debentures into equity shares.
(2) Draft a letter
of thanks to a depository of a company.
(3) State the characteristics
of money market.
(4) Draft a letter
to a depository informing him about payment of interest.
Q6. Define ‘preference shares’. State
various types of preference shares. (10)
OR
Draft a letter of allotment to a share
applicant.
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