Practice Test

Q1) ___________ is an acknowledgement of debt issued by company under its common seal. Show Answer

Q2) Debenture is the most important source of ______________ capital for joint stock companies. Show Answer

Q3) Debenture holders are the ________ of the company. Show Answer

Q4) Debenture holders have a right to attend the meeting of _________ only. Show Answer

Q5) Allotment letter is sent to inform the debenture holder about __________ of debentures. Show Answer

Q6) _________ Letter is sent to inform the debenture holder about rejection of application for debentures. Show Answer

Q7) Redeemable debentures are repaid after __________ of a certain term / period. Show Answer

Q8) _______ Debentures are converted fully or partly into shares at option of Debenture holders. Show Answer

Q9) Debenture holders enjoy __________ voting rights Show Answer

Q10) Secretary should mind the consideration of ___________ provision for correspondence. Show Answer

Q11) Redeemable debentures are ___after expiry of a fixed term. Show Answer

Q12) Interest on debenture is _________ to deduction of tax at source. Show Answer

Q13) Debentures are never redeemed by the company. Show Answer

Q14) Debenture capital is a short term capital of the company. Show Answer

Q15) Debentureholder participates in the management of the company. Show Answer

Q16) The secretary need give polite replies to debentureholders. Show Answer

Q17) Interest on debenture is certain irrespective of profit. Show Answer

Q18) Letter of conversion shows non-allotment of debentures. Show Answer

Q19) Nature of debenture capital is _______ capital. Show Answer

Q20) Debenture capital is a _______ capital. Show Answer

Q21) Debentureholders are paid ________ every year. Show Answer

Q22) Debentureholders cannot attend _____ meeting. Show Answer

Q23) _______ have mortgage rights on the property of a company. Show Answer

Q24) The debentures can be issued by ______ company. Show Answer

Q25) The debenture backed by lien on the company's assets is called _______ debentures. Show Answer

Q26) Debentureholders receive ______ certificate from the company. Show Answer

Q27) Correspondence with debentureholders is ________ compared to correspondence with members. Show Answer

Q28) Debenture amount is _______ on maturity. Show Answer

Q29) ______ is considered as safe and secured capital. Show Answer

Q30) Debenture certificate should be issued within _____ months from the allotment of Debentures. Show Answer

Q31) The tone of language in a letter should be ________. Show Answer

Q32) Secretary should be cautious and careful while corresponding with debenture holders on _______ matters. Show Answer

Q33) The letter to the debenture holders should be _______. Show Answer

Q34) Secretary should not disclose any ______ information while corresponding with debenture holders. Show Answer

Q35) The letter of Allotment of debentures should be _______ by debenture holder, to exchange it for Debenture Certificate. Show Answer

Q36) Interest is a _______ Show Answer

Q37) Debenture Certificate must be given within 3 months of its allotment. Show Answer

Q38) Harsh language should be avoided in the business letter. Show Answer

Q39) Prompt replies should be given to the complaints of the debenture holders. Show Answer

Q40) It is not necessary to disclose correct and accurate information of the company to the debenture holders. Show Answer

Q41) The letter to the debenture holders should be concise. Show Answer

Q42) Secretary should not provide precise and upto date information to the debenture holder. Show Answer

Q43) Secretary should not disclose important and secret information to the debenture holders. Show Answer

Q44) The Secretary should create good image of the company in the minds of debenture holders. Show Answer

Q45) A letter of allotment should be preserved by the debenture holder. Show Answer

Q46) Company can convert its debentures into equity shares without the consent of share holders. Show Answer

Q47) Debenture capital is a __________ capital of a company. Show Answer

Q48) Share capital is a __________ capital of a company. Show Answer

Q49) __________ are the creditors of the company. Show Answer

Q50) Borrowed Capital is provided to the company by_______. Show Answer

Q51) Certificate of Debentures should be issued within a period of ______months Show Answer

Q52) A company has to appoint a __________ if it issues more than 500 debentures. Show Answer

Q53) Debenture holders receive __________ certificate from the company. Show Answer

Q54) The debenture holder gets __________ in exchange of Letter of Allotment of Debentures. Show Answer

Q55) Return of income on debentures is __________ at fixed rate. Show Answer

Q56) The rate of interest payable on debentures is __________. Show Answer

Q57) Interest on registered debentures is given through __________. Show Answer

Q58) __________ does not depend on profits. Show Answer

Q59) Interest warrants are sent to __________ of the company. Show Answer

Q60) Bearer Debenture holders get interest through __________. Show Answer

Q61) __________ debentures are the debentures which are converted into equity. Show Answer

Q62) The company has to get approval of __________ for conversion of debentures Show Answer

Q63) Debentures repayable after a certain period are __________ debentures. Show Answer

Q64) After receiving , the secretary sends letter informing the debenture holders that the debentures are converted into equity shares. Show Answer

Q65) Debenture holders enjoy full membership rights of the company. Show Answer

Q66) Interest on debentures is paid notwithstanding the volume of profit. Show Answer

Q67) Dividend warrants are used to pay interest to the debenture holders. Show Answer

Q68) All types of debentures are eligible for conversion into equity shares. Show Answer

Q69) Debenture is a loan capital of the company. Show Answer

Q70) Debenture holders are the owners of the company. Show Answer

Q71) Equity shares are more safe and secure than debentures Show Answer

Q72) Debentures are always fully paid up. Show Answer

Q73) Certificate of Debenture must be issued within a period of 3 months from the date of its allotment. Show Answer

Q74) Since debenture holders are not the owners of the company the secretary should not maintain transparency with them. Show Answer

Q75) Debenture holders get regular dividend. Show Answer

Q76) Debenture holders get a fixed rate of interest. Show Answer

Q77) Convertible Debentures can be converted into equity shares. Show Answer

Q78) The conversion of debentures into equity shares can be approved in an extra ordinary general meeting by passing a ordinary resolution. Show Answer

Q79) Debentures are redeemed only if the company earns substantial profits. Show Answer