Practice Test


Q1) ________is a share of the company's profits. Show Answer


Q2) The word 'dividend' is derived from the Latin word ____________. Show Answer


Q3) Dividend is always paid out of the ______ of the company. Show Answer


Q4) The term 'dividend' refers to the ________ return to shareholders from the company. Show Answer


Q5) A part of profit made available for the distribution of profit is called ____________ profit. Show Answer


Q6) Dividend has to be recommended by ________ and approved shareholders at AGM. Show Answer


Q7) Usually, dividend on equity shares is always related to ____________ capacity of the company. Show Answer


Q8) Dividend on preference shares is paid at a _________decided at the time of issue. Show Answer


Q9) Rate of dividend is to be approved at Annual general meeting by passing ________ resolution. Show Answer


Q10) It is obligatory for the company to pay dividend within _____days from its declaration. Show Answer


Q11) ___________ is a request by shareholder to authorizing the company to credit his account. Show Answer


Q12) Dividend as an income is fully _________ from income-tax at hands of shareholders Show Answer


Q13) Secretary has to arrange to transfer unclaimed dividend within _________ days, from date, to special account. Show Answer


Q14) ________ is a set of guidelines for declaration and payment of dividend. Show Answer


Q15) ______ dividend is dividend declared in between two AGM of the company. Show Answer


Q16) __________ is dividend declared at the end of financial year after financial accounting. Show Answer


Q17) The word 'dividend' is derived from ___________ word 'dividendum'. Show Answer


Q18) If dividend proposed is 15.01% to 20.00% then ____________ % of current profit transferred to reserve. Show Answer


Q19) Final dividend is paid at the________of the year. Show Answer


Q20) __________ Dividend is dividend declared but not claimed by the shareholders. Show Answer


Q21) _______________ determines dividend policy by considering various factors. Show Answer


Q22) Benefit of bonus share is given to ___________ shareholders only. Show Answer


Q23) Investor education and protection fund is utilised for protecting __________. Show Answer


Q24) Dividend is a return on capital invested by _______. Show Answer


Q25) Dividend is paid by _________. Show Answer


Q26) ______ is profit shared by the company with its shareholders. Show Answer


Q27) Dividend is paid by way of coupons in case of _______. Show Answer


Q28) ______ is an authority request by a member to pay his dividend to his bank directly. Show Answer


Q29) ________ facility promoted by RBI enables direct credit of dividend into bank account of the shareholder. Show Answer


Q30) Non - distributable profits of company are transferred to _______. Show Answer


Q31) ________ dividend means dividend not claimed or collected by the meembers. Show Answer


Q32) Dividend is a part of ________ distributed to the shareholders. Show Answer


Q33) Profit for payment of dividend means dividend after providing for ______. Show Answer


Q34) Dividend warrant is a ______ sent to the shareholders. Show Answer


Q35) For declaring final dividend ________ resolution shall be passed in Annual General Meeting. Show Answer


Q36) The dividend declared in between AGM is called _____ dividend. Show Answer


Q37) Dividend declared must be paid within _______ days. Show Answer


Q38) The _______ recommends the final dividend. Show Answer


Q39) Dividend warrants are issued to ______ holders for getting dividends. Show Answer


Q40) The dividend is calculated and paid on _______ capital. Show Answer


Q41) Unpaid dividend shall be trasferred to Investor's Education and Protection Fund on the expiry of ________ years. Show Answer


Q42) In _____ dividend policy, there will be higher transfer of profits to resolve. Show Answer


Q43) The dividend on _______ shares is uncertain. Show Answer


Q44) Preference shareholders get dividend at a ____ rate. Show Answer


Q45) The rate of dividend on equity shares is _______. Show Answer


Q46) Dividend is paid through _______. Show Answer


Q47) Shareholders who received dividend at a fixed rate are _______ shareholders. Show Answer


Q48) Preference Shares entitled to arrears of dividend are known as _______ preference shares. Show Answer


Q49) Dividend is paid only to a shareholder. Show Answer


Q50) ECS payment of dividend is cost free. Show Answer


Q51) Dividend once announced can be cancelled Show Answer


Q52) Regular dividend payment reflects prosperity of the company. Show Answer


Q53) Dividend is paid only out of profits. Show Answer


Q54) Dividend is not paid out of any years profits. Show Answer


Q55) Profit mean profit after depreciation. Show Answer


Q56) It is compulsory to transfer to reserves before declaring dividend. Show Answer


Q57) Dividend can be declared even if a company suffers a loss in that particular year. Show Answer


Q58) Dividend is paid only if shares are fully paid. Show Answer


Q59) The shareholders can increase the final dividend recommended by the directors. Show Answer


Q60) Preference shareholders get predetermined fixed dividend annually. Show Answer


Q61) Directors have direction to recommended or not to recommended the dividend. Show Answer


Q62) Dividend can be paid on advance amount of calls received. Show Answer


Q63) The declared dividend is the statutory debt. Show Answer


Q64) No dividend is paid if the shareholders has lost his dividend warrant. Show Answer


Q65) As per Companies Act dividend can be paid any time out of the capital. Show Answer


Q66) All types of shares carry a fixed rate of dividend. Show Answer


Q67) Preference shareholders receive fluctuating rate of dividend. Show Answer


Q68) The term dividend is derived from word ''Dividendum'' _______ Show Answer


Q69) Dividend is payable out of the _______ of the company. Show Answer


Q70) Dividend once approved and declared by shareholders becomes a _____. Show Answer


Q71) Money can be provided by the Central or State Governmenr to pay ______. Show Answer


Q72) ________ of the company must permit a distribution of dividend out of capital profits. Show Answer


Q73) Notice of book closure to the stock exchange must be given at least _______ working days before the closure. Show Answer


Q74) Dividend must be paid in _______. Show Answer


Q75) If a company default in making payment of dividend it will be liable to pay simple interest @ _______ p.a. during the period default continues. Show Answer


Q76) Dividend declared between two _______ is called interim dividend. Show Answer


Q77) ______ is the cost of renting money for the borrower. Show Answer


Q78) Profit making and its maximization is the prime aim of all business organizations. Show Answer


Q79) Going concern means a buisness theat is operating and making profits. Show Answer


Q80) Company first pay dividend to Equity Shareholders. Show Answer


Q81) Dividend can be paid in form of Bonus Shares. Show Answer


Q82) Dividend can be paid out of capital Show Answer


Q83) Shareholders decide book closure date for dividend. Show Answer


Q84) Dividend msust be paid within 30 days of its declaration. Show Answer


Q85) Any amount of dividend remaining unpaid / unclaimed for a period of 7 years must be transferred to IEPF. Show Answer


Q86) Dividend Mandate is a cheque sent by the company to shareholders for payment of dividend. Show Answer


Q87) Dividend declared in between 2 AGMs is called final divided. Show Answer


Q88) Board of directors has to pass a resolution for declaring Interim Dividend. Show Answer


Q89) Interim Dividend should be paid within 15 datys of its declaration. Show Answer


Q90) Company can declare and pay dividend out of current year's profit after providing for depreciation and transfer to reserves. Show Answer


Q91) Higher the risk higher is the interest Show Answer


Q92) Internet is the cost of renting money for the borrower and lender. Show Answer