Maharashtra Board Class 12 Secretarial Practice Guess Paper 2027

Write a word/term/phrase: The return paid to the creditors by the company.

Select the correct answer and rewrite: _____ of shares takes place due to operation of law. (a) Forfeiture (b) Transmission (c) Allotment

Write a word/term/phrase: A bill which is issued by Reserve Bank of India on behalf of the Government of India.

Correct the underlined word and rewrite: Securities are fungible in Physical mode.

Select the proper option and rewrite: A company cannot accept deposits for more than _____ months. (a) 24 (b) 36 (c) 45

Correct the underlined word and rewrite: FPO refers to offering of shares to the public for the first time.

Correct the underlined word and rewrite: Bond is a source of Short term finance.

Select the correct answer and rewrite: A depository receipt traded in _____ is called American Depository Receipt. (a) London (b) Japan (c) U.S.A.

Correct the underlined word and rewrite: Dividend is payable every year irrespective of profits made by company.

Correct the underlined word and rewrite: A Bear expects the prices of shares to rise in future.

Select the correct answer and rewrite: Deposits are _____ loans of the company. (a) fixed (b) long term (c) short term

Write a word/term/phrase: These shareholders are the 'real masters' of the company.

Write a word/term/phrase: A specific place where trading of securities is arranged in an organized method.

Find the odd one: Land and Building, Plant and Machinery, Cash

Find the odd one: Face value, Redemption value, Market value

Write a word/term/phrase: Documentary evidence of holding the debentures.

Correct the underlined word and rewrite: The details of debentureholders are entered in Register of Members.

Write a word/term/phrase: A document of title of ownership of shares.

Correct the underlined word and rewrite: When there is recession in economy, sales will increase.

Select the proper option and rewrite: Letter of _____ is sent to applicants who have not been given shares by the company. (a) regret (b) renunciation (c) allotment

Explain the following term / concept: Debenture Certificate

Explain the following term / concept: Stock Exchange

Explain the following term / concept: Fixed Capital

Explain the following term / concept: Investment Decision

Study the case and express your opinion: Harsh Company Limited decides to pay interim dividend. (a) Is the board justified to decide interim dividend of Rs.10 per share even though profits till date are insufficient? (b) Can the board declare dividend out of free reserves? (c) In how many days must company pay dividend to shareholders from the date of declaration?

Study the case and express your opinion: Angel Company Ltd. plans to raise funds through public deposits. Its net worth is Rs.250 crores. (a) Can they accept deposits from the public? (b) Can they accept deposits which mature after 5 years? (c) Within what period should the company issue deposit receipt to its depositors?

Distinguish between: Interim Dividend and Final Dividend

Answer in brief: State any four terms and conditions regarding acceptance of deposit.

Justify the following statement: Debenture trustees are appointed by a company issuing debentures.

Distinguish between: Initial Public Offer and Further Public Offer

Distinguish between: Jobber and Broker

Answer in brief: Explain the features of Interest.

Justify the following statement: Electronic holding of securities is safer than physical holding.

Attempt the following: Write a letter to the member for the payment of dividend through dividend warrant.

Attempt the following: Draft a reply letter resolving the query of the member on low rate of dividend.

Answer in detail: What is Debenture? Explain the different types of debentures.