12th HSC Secretarial Practice Important Questions 2026
12th HSC Secretarial Practice Important Questions 2026
As the 2026 HSC Board exams coming soon students are preparing for the 12th Maharashtra Board exams can improve their preparation with our detailed 12th HSC Secretarial Practice Important Questions 2026, and learn with our HSC Secretarial Practice Exam Preparation 2025 guide. Secretarial Practice Key Topics 12th HSC Board and utilize our important questions for 12th Class. Our content, including Important Questions for HSC Secretarial Practice 2025, is designed to help you to Score good percentage in the upcoming Board exams and achieve your academic goals.
12th HSC Secretarial Practice Important Questions 2026
Q.2 Explain the following terms / concepts.
- Fixed capital
- Working capital
- Borrowed capital
- Owned capital
- Depository system
- Overdraft
- Transmission of shares
- Bonus shares
- Secondary Market
- Allotment of shares
- Employee Stock Option Scheme
- Employee Stock Purchase Scheme
- Rights Issue
- Minimum subscription
- Debenture certificate
- Charge on assets
- Credit rating
- Eligible Public Company
- Secured Deposit
- Deposit Receipt
- Correct information
- Courtesy
- Dematerialization
- ISIN
- Dividend
- Interest
- Final Dividend
- Interim Dividend
- Financial market
- Capital market
- Stock exchange
Q.4 Distinguish between the following. [12 Marks]
- Equity shares and Preference shares.
- Fixed capital and Working Capital
- Owned capital and borrowed capital.
- Right Shares and Bonus Shares
- Share and Debenture.
- Transfer of shares and transmission of Shares
- Final Dividend and Interim Dividend
- dividend and Interest
- Primary market and Secondary market.
- Money market and Capital market.
Q.5 Answer in brief. [8 Marks]
- Explain the Employee Stock Option Scheme
- State the functions of SEBI.
- Discuss the importance of corporate finance.
- State any four features of the Stock Exchange.
- Explain the functions of the Stock Exchange.
- State any four terms and conditions regarding acceptance of deposits
- Explain any four advantages of the depository system to investors/ company
- State any four provisions of the Companies Act 2013 for the issue of debentures.
- State the features of Bonds.
- State the provisions for Rights Issues.
- State any four factors affecting fixed capital requirement.
- What is Global Depository Receipt?
- What is American Depositary Receipt?
- Explain the provisions related to circulars or advertisements for inviting deposits.
Q.6 Justify the following statements. [8 Marks]
- Equity share capital is risk capital.
- Financial markets act as a link between investor and borrower.
- Bond holder is a creditor of the company.
- Capital market is useful for corporate sector.
- The Board of Directors can refuse transfer of shares.
- The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
- Preference shares do not carry any voting rights.
- Fixed capital stays in the business almost permanently.
- There are various factors affecting the requirement of working capital.
- Equity shareholders are real owners and controllers of the company.
- Stock exchanges work for the growth of the Indian economy
Q.7 Attempt the following. [10 Marks]
- Write a letter to the member for the payment of the Interim dividend electronically.
- Write a letter to the depositor regarding the renewal of his deposit.
- Draft a letter of thanks to the depositor of a company.
- Write a letter to the shareholder regarding the issue of Bonus Shares.
- Draft a letter of allotment to the debenture holder.
- Write a letter to the member for the issue of the Share Certificate.
- Write a letter to the member for the payment of dividends through a Dividend Warrant.
Q.8 Answer the following questions.
- What is an equity share? Explain its features.
- Define preference shares. What are the different types of preference shares?
- What are preference shares? State its features.
- What is Debenture? Discuss the different types of debentures.
- Define Debenture and explain the features of debentures.