“Achieve Success through”
Omtex Classes
“THE Home of Text”
TIME: - 3 hours            First preliminary examination           MARKS: - 100

Q.1 (A) selects the suitable alternatives from the following and rewrites the following.

1.      The Person who purchases the company shares is called as ___________. (Director, Shareholder, Creditor)
2.      Call on shares is made by_________. (Shareholders, Managing Directors, Board of Directors)
3.      Dividend is declared by ___________. (Shareholders, Board of Directors, Debenture holders)
4.      _____ Letter is sent by the company to the investor to whom the shares are not allotted.
5.      Company gives ______ shares to its shareholders out of accumulated profits. ( Bonus, Debenture, Returns)

(B) Match the Pairs

Group a
Group B
  1. Registered Debenture
  2. Share forfeiture Letter
  3. Bonus shares
  4. Statutory Meeting
  5. Stock
  1. Full paid shares
  2. Instalment not paid
  3. Accumulated profit
  4. every year
  5. Once in a life time
  6. Not negotiable

        (C) Fill in the blanks
1. Capital on which company is registered such capital is called as ___________________
2. After dividend is declared, it must be distributed with in _________ days
3. The report which is prepared by committee of experts is called as _________ report
4. Voluntary surrender of shares means __________shares.
5. Company must issue share certificate within______ months from the distribution of shares.

Q. 2 write short notes any 3
1. Types of Share Capital
2. Stocks
3. Bonus Shares
4. Register of debenture holder
                                       Q. 3 Distinguish Between any 3
                              1. Share Certificate V/S Share Warrant
                              2. Annual Report V/S Progress Report
                              3. Transfer of shares V/S Transmission of Shares
                              4. Shares V/S Stocks

Q. 4 State whether the following are true or false
1. Debenture holder get fixed income
2. Every year dividend must be paid on Preference shares
3. Share warrant is non-transferable instrument
4. Minutes and reports are one and the same.

Q.5 Answer the following questions any two.
1. Explain the Characteristics of Shares
2. What do you mean by Preference Shares? Explain its Types
3. Surrender of Shares

Q. 6 Define Debenture? Explain its Types                  10 marks

Q. 7. What do you mean by ordinary shares?     10 marks
           Explain its characteristics

Q. 8. What do you mean by forfeiture of shares?      10 marks