AS PER NEW PAPER PATTERN
MARKS : 80 | TIME : - 3 HRS.
Q.1 (A) Select the correct answer from the possible options given below and rewrite the statements: 5 Marks
1.
The market which provides short term fund is ________ (Capital Market, Gold Market, Money Market)
Answer: Money Market
2.
The repurchase rate which is also known as the official bank rate is ______ rate. (Repo, Credit, Interest)
Answer: Repo
3.
The market which is also known as the government securities market is _________ market. (Primary, Secondary, Gilt edged)
Answer: Gilt edged
4.
The debt instruments which are issued by corporate house to raise funds from the money market is ________ (Certificate of deposit, Preference shares, Commercial paper)
Answer: Commercial paper
5.
A market where existing securities are resold or traded is called ______ market. (Commodity, Secondary, Primary)
Answer: Secondary
(B) Match the correct Pairs: 5 Marks
Analyze the groups below before checking the solution.
Group A
1. Treasury bill
2. Commercial bill
3. New Issue
4. Stock Exchange
5. Financial Market
Group B
a. Primary market
b. Long term credit
c. Mobilization of funds
d. Promissory note
e. Short term credit
f. Secondary Market
g. Central government
h. Deals only with brokers
i. New banking institutions.
j. Mutual fund.
Correct Matches:
(1) Treasury bill — d. Promissory note
(2) Commercial bill — e. Short term credit
(3) New Issue — a. Primary market
(4) Stock Exchange — f. Secondary Market
(5) Financial Market — c. Mobilization of funds
Secretarial Practice Board Papers
- S.P. - March 2025 - English Medium View Answer Key
- S.P. - March 2025 - Marathi Medium View Answer Key
- S.P. - March 2025 - HIndi Medium View Answer Key
- S.P. - July 2025 - English Medium View Answer Key
- S.P. - March 2024 - English Medium View Answer Key
- S.P. - March 2024 - Marathi Medium Download QP Answer Key Answer Key
- S.P. - March 2024 - Hindi Medium View Answer Key
- S.P. - June 2024 - English Medium View
- S.P. - March 2023 - English Medium View Answer Key
- S.P. - June 2023 - English Medium View Answer Key
- S.P. - March 2022 View
- S.P. - July 2022 View Answer Key
- S.P. - March 2014 View
- S.P. - October 2014 View
- S.P. - March 2015 View
- S.P. - July 2015 View
- S.P. - March 2016 View
- S.P. - July 2016 View
- S.P. - March 2017 View
- S.P. - July 2017 View
- S.P. - March 2018 View
- S.P. - July 2018 View
- S.P. - February 2019 View
(C) Write a word or a phrase or a term which can substitute each of the following statements: 5 Marks
1.
Dividend declared by company at its annual general meeting.
Answer: Interim Dividend
2.
A letter informing the applicant that the shares have not been allotted to him.
Answer: Letter of Regret
3.
A creditor of the company.
Answer: Debenture Holder
4.
A market for borrowing and lending long term capital required by business enterprise.
Answer: Capital Market
5.
The oldest stock exchange in Asia.
Answer: Bombay Stock Exchange (BSE)
Q.2 Distinguish Between: (Any three) 15 Marks
Q.3 Write short notes: (Any three) 15 Marks
Q.4 State with Reasons whether the following statements are True or False: (Any three) 15 Marks
1. No company with net owned funds of less than 5 crore shall invite deposits.
False.
Reason: Companies typically require a much higher net worth to invite public deposits (e.g., Eligible Public Companies must have a net worth of not less than ₹100 Crores). Limits vary by company type, but 5 crore is below the standard threshold for public deposit acceptance.
Reason: Companies typically require a much higher net worth to invite public deposits (e.g., Eligible Public Companies must have a net worth of not less than ₹100 Crores). Limits vary by company type, but 5 crore is below the standard threshold for public deposit acceptance.
2. Maximization of profits is real and complete motive.
False.
Reason: Profit maximization is a narrow and short-term objective. The real and complete motive of financial management is Wealth Maximization (value maximization) of the shareholders.
Reason: Profit maximization is a narrow and short-term objective. The real and complete motive of financial management is Wealth Maximization (value maximization) of the shareholders.
3. A shareholder can increase the percentage of final dividend recommended by the directors.
False.
Reason: The Board of Directors recommends the rate of dividend. Shareholders can approve it or reduce it at the Annual General Meeting, but they cannot increase the rate recommended by the Board.
Reason: The Board of Directors recommends the rate of dividend. Shareholders can approve it or reduce it at the Annual General Meeting, but they cannot increase the rate recommended by the Board.
4. DP is the representative of the depository.
True.
Reason: A Depository Participant (DP) acts as an agent or representative of the Depository (like NSDL or CDSL). They provide the link between the investor and the Depository.
Reason: A Depository Participant (DP) acts as an agent or representative of the Depository (like NSDL or CDSL). They provide the link between the investor and the Depository.
5. A company can accept deposits payable on demand.
False.
Reason: Company deposits are "Time Deposits" accepted for a fixed duration. As per the Companies Act, deposits cannot be accepted for a period less than 6 months or more than 36 months, hence they cannot be payable on demand.
Reason: Company deposits are "Time Deposits" accepted for a fixed duration. As per the Companies Act, deposits cannot be accepted for a period less than 6 months or more than 36 months, hence they cannot be payable on demand.