SECRETARIAL PRACTICE PAPER TWO FOR MAHARASHTRA STATE BOARD STUDENTS SYJC AS PER NEW PAPER PATTERN

AS PER NEW PAPER PATTERN

MARKS : 80      TIME : - 3 HRS.

Q.1 (A) Select the correct answer form the possible options given below and rewrite the statements:                5 Marks

1.      Big retail stores require large amount of __________capital. (Fixed, Working, Loan)
2.      Preference shares carry dividend at _________ rate. (Fixed, fluctuating, Lower)
3.      Transfer of shares by operation of law is called _________ (Issue of shares, Allotment of shares, Transmission of shares)
4.      A company must give receipt to the depositor within ____________of its acceptance. (1 weeks, 4 weeks, 8weeks)
5.      Every company is required to invest__ % of its total value of deposits repayable in the next accounting year in liquid assets. ( 10, 15, 20)
   
(B) Match the correct Pairs:                                                                                                           5 Marks
Group A
Group B
1.      Depository in India
2.      Fixed Capital
3.      Under Subscription
4.      Debenture Holder
5.      Interim Dividend

1.       Less application for shares than expected.
2.       SEBI.

3.       Investment in current assets.
4.       Owner of the company.
5.        Creditor of the company.
6.       More application for shares than expected.
7.       NSDL.
8.       Investment in fixed assets.
9.       Declared at AGM.
10.   Declared between two AGM.

(C) Write a word or a phrase or a term which can substitute each of the following statements:                           5 Marks

1.   A notice given by a company to the transferor and transferee on submission of an instrument. (Notice of Lodgement)

2. The dealer in stock exchange who carries on trading of securities in his own name. (Jobber)

3. Dividend declared by company between two annual general meeting. (Interim Dividend)

4. The equity shares of the companies which are issued to the existing equity shareholders. (Right Issue) 

5. The company which is promoted by IDBI, ICICI, LIC, GIC and its subsidiaries, commercial banks, SBI capital market limited. (NSE) 

Q.2 Distinguish Between: (Any three)  15 Marks

3.       DividendV/S Interest.

Q.3Write short notes:  (Any three)    15 Marks

2.       Features of Shares.

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.                        
2.       Maximization of profits is real and complete motive.
3.       A shareholder can increase the percentage of final dividend recommended by the directors.
4.       DP is the representative of the depository.
5.       A company can accept deposits payable on demand.

Q.5 Answer the Following:     (Any two)  10 Marks

1.       Bonus shares.
2.       Bombay stock exchange.
4.       Trade credit. 

Or