Practice Test


Q1) Share capital is the __________ capital of a company. Show Answer


Q2) Debenture is the _________ capital of a company. Show Answer


Q3) Company deposits are similar to ________deposits in the bank. Show Answer


Q4) Shareholder is___________ of the company. Show Answer


Q5) Debenture holder is ________ of the company Show Answer


Q6) The_______ Government is controlling the public deposits of the companies. Show Answer


Q7) ____________share carry a fixed rate of dividend. Show Answer


Q8) Ploughing back of profit is a ____________ source of financing. Show Answer


Q9) ____________ Shareholder have voting rights. Show Answer


Q10) ______________ denotes a bundle of fully paid-up shares. Show Answer


Q11) A person contributing share capital is called as ____________. Show Answer


Q12) A person purchasing debenture is called as____________. Show Answer


Q13) Registered document of title to the shares is known as __________. Show Answer


Q14) ______________capital is the maximum authorized capital to be mentioned in capital clause. Show Answer


Q15) __________ capital is that part of nominal which is actually issued to the public Show Answer


Q16) __________ Capital is that part of issued capital which is not subscribed by the investors. Show Answer


Q17) ___________ Capital is that part of Subscribed capital which is actually called by the company. Show Answer


Q18) ____________ Capital is a part of called-up capital, which is actually paid by the members of company. Show Answer


Q19) ___________ Capital is a part of uncalled capital reserved to be called up only at liquidation of company. Show Answer


Q20) ___________ Preference shares gets arrears of dividend also. Show Answer


Q21) The shares which are redeemed after the expiry of a fixed period are called ___________ preference shares. Show Answer


Q22) The right of conversion from preference to equity is absence in case of ____________ preference shares. Show Answer


Q23) Preference shares repaid after fixed period is called ____________ preference shares. Show Answer


Q24) ____________ Debenture are issued by creating charge on the assets. Show Answer


Q25) ___________ Debenture are freely transferable by mere delivery. Show Answer


Q26) ____________ Debenture are most popular from of debenture in India. Show Answer


Q27) Only a ___________ company can accept or invite deposits from the public. Show Answer


Q28) The central Government has delegated its power and function to the company_________ board. Show Answer


Q29) Each company must issue _________ shares. Show Answer


Q30) If a shares of Rs. 10 is issued at Rs. 11, it is called issue at ___________. Show Answer


Q31) A share certificate must be signed by at least ____________ Directors. Show Answer


Q32) A share certificate should be delivered within ___________ months after the allotment of shares. Show Answer


Q33) Ploughing back is possible for _____________ companies. Show Answer


Q34) Share who receives dividend at a fixed rate is called _____________ shares. Show Answer


Q35) Debenture holders are ______________ of the company. Show Answer


Q36) _________ Means debts instruments issued by the government agencies for public undertaking. Show Answer


Q37) Similar to stock share, debenture stock means _____________ capital. Show Answer


Q38) ________ Debentures never repaid during lifetime of a company. Show Answer


Q39) ___________ Shares are can not be redeemed during lifetime of a company. Show Answer


Q40) Market value of ____________ enjoys capital appreciation. Show Answer


Q41) _____________ Shares are most suited to cautious investors . Show Answer


Q42) Shareholders are ___________ of the company. Show Answer


Q43) Section _________ of the companies Act deals with public Deposit. Show Answer


Q44) One who purchases debentures of a company is known as ________. Show Answer


Q45) Share Capital of Joint Stock Company actually taken by thepublic is known as _________ capital. Show Answer


Q46) A part of the capital which can be called only in the event of winding-up of the company is called ______ capital. Show Answer


Q47) Share Capital of a Joint Stock Company is ________ capital. Show Answer


Q48) Debenture Capital of a Joint Stock Company is known as _________capital. Show Answer


Q49) The capital with which a company is registered is called _________. Show Answer


Q50) A shareholder is the _________ of the company. Show Answer


Q51) _______ is a bearer document issued by a company under its common seal. Show Answer


Q52) Preference share entitled to arrears of dividend are known as ________ share. Show Answer


Q53) Equity share provide _______ term finance. Show Answer


Q54) Bonds are ________ capital. Show Answer


Q55) Depository Act was passed in ______. Show Answer


Q56) Depositors are ________ of the company. Show Answer


Q57) Deposits are ________ capital. Show Answer


Q58) A person who purchases shares of a company is known as _______. Show Answer


Q59) Provisions regarding borrowing powers of a company are mentioned in _______. Show Answer


Q60) Convertible debentures can be converted into ______. Show Answer


Q61) A company having share capital must issue ________ shares. Show Answer


Q62) A share is a ______ property. Show Answer


Q63) A share of `100 when issued for ` 110 will mean issue ________. Show Answer


Q64) Bonus shares are also known as _______ shares. Show Answer


Q65) ______ represents a portion of total share capital of the company. Show Answer


Q66) _______ capital is that part of the issued capital which is actually subscribed by the public. Show Answer


Q67) ______ capital is the part of the issued capital which is not subscribed by the investors. Show Answer


Q68) ________ capital is the part of subscribed capital which is actually called up by the company. Show Answer


Q69) _______ is the part of the called up capital which is actually paid by members. Show Answer


Q70) _______ is the part of the called up capital which is not being paid by members. Show Answer


Q71) ______ capital is that part of authorised capital which is actually issued to the public. Show Answer


Q72) ______ capital is that part of authorised capital which is not issued to the public Show Answer


Q73) Issue of shares to existing equity shareholders out of the retained earnings is called as _______. Show Answer


Q74) Share capital is a borrowed capital. Show Answer


Q75) A company generally issues the whole of its authorised capital Show Answer


Q76) A debenture has no right to vote in the general meeting Show Answer


Q77) Reserve capital cannot be called during the life of the company Show Answer


Q78) The market value of an equity share always equal to its face value Show Answer


Q79) Bonus shares are isssued out of the share capital of the company Show Answer


Q80) Preference shareholders have normal voting rights Show Answer


Q81) Equity shareholders gets dividend every year Show Answer


Q82) Interest on debenture depends on the profits of the company. Show Answer


Q83) Preference shareholders receive fluctuating rate of dividend Show Answer


Q84) Debenture holdersgets regular dividend Show Answer


Q85) Debenture capital is a loan capital of the company Show Answer


Q86) Ploughing back of profits may lead to over capitalisation Show Answer


Q87) Ploughing back of profits increases the cost of raising finance Show Answer


Q88) A share certificate is a bearer document of title to the shares issued by the company Show Answer


Q89) Equity capital is also known as risky capital Show Answer


Q90) A debentureholder is debtors of the company Show Answer


Q91) Ploughing back of profits is an external source of finance Show Answer


Q92) Debenturehoders can participate in the management of the company. Show Answer