OMTEX CLASSES: HSC SP MARCH 2016 BOARD PAPER

HSC SP MARCH 2016 BOARD PAPER

HSC SP MARCH 2016 BOARD PAPER


Q. 1. A. Select the proper option from the options given below and rewrite the sentences: (5)[15]



  1. Advice to Board of Directors in respect of financial matter is given by _______. (a) an auditor (b) a secretary (c) a finance manager
  2. A person who purchases shares of a company is called a _______. (a) shareholder (b) bond holder (c) creditor
  3. Return of allotment is to be filed with the Registrar within _______ days of the date of allotment. (a) 60 (b) 45 (c) 30
  4. Government company may accept deposits from public up to _______ of aggregate of its paid up capital and free reserve. (a) 35% (b) 30% (c) 25%
  5. Refusal to allot shares is conveyed through a _______ letter. (a) regret (b) allotment (c) call


B. Match the Correct Pairs.



Ans. (a) - (10) , (b) - (6) , (c)  - (9) , (d)  - (3) , (e) - (7)


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



  1. The value of share which is determined by demand and supply forces in the share market.
  2. The authority which has power to accept deposits.
  3. Portion of the profits which is allocated to the shareholders.
  4. A type of bill in the nature of promissory note issued by the government.
  5. The place where buying and selling of securities takes place.


Ans.
  1. Market Value
  2. The Board of Directors
  3. Dividend
  4. Treasury Bill
  5. Share market or Stock Exchange.

Q. 2. Distinguish between the following: (Any three) [15]





Q. 3. Write short notes on (Any THREE): [15]





Q. 4. State with reasons, whether the following statements are True or False: (Any three) [15]



Q. 5. Attempt the following: (Any two) [10]




Q. 6. Define a preference share. Explain the different types of preference shares. [10]



OR


Q. 6. Draft a letter of allotment of shares to the shareholder.