“Way of Education”
R.V.COMMERCE CLASSES
SECRETARIAL PRACTICE
Time: 3.00 hrs. Final Preliminary Examination Marks: 100
Note: (1) All questions are compulsory.
(2) Figures to the right indicate full marks for the question.
(3) Figures to the left indicate question numbers.
(4) Answer to every question must be started on a new page.
Q.1 A) Select the proper option from the options given below and rewrite the sentences. 5
1. If a share of Rs. 100 is issued at Rs. 100, it is said to be issued ……………………..
(at Par / at premium / at discount)
2. Depository Act was passed in ………………………
(1994 / 1995 / 1996 / 1997)
3. Interim dividend is paid ……………………..
(between two annual general meetings / between two board meetings)
4. Depositors are …………………….. of the company.
(debt creditors / loan creditors / debtors)
5. The proceedings of the meetings must be recorded within ………………. days in minutes book.
(60 / 30 / 45 / 90)
B. Match the following. 5
A Group B Group
(a) Debenture holders (1) Capitalisation of reserves.
(b) Surrender of Shares (2) Forfeiture of shares.
(c) Bonus Shares (3) Paperless share trading.
(d) Letter of Forfeiture (4) Creditors of the company.
(e) Dematerialization (5) Voluntary return of shares to company.
C. Fill in the blanks and rewrite the sentences. 5
(1) The rate of final dividend is recommended by …………………….
(2) Share capital of a joint stock company is known as it’s …………………..Capital.
(3) …………………… report is enclosed with a notice of annual general meeting.
(4) SEBI was established in the year …………..………
(5) Debenture holders receive …………..…….. Certificate from the company.
P.T.O.
D. Write a word, term or phrase for following statements. 5
1. Evidence or matters transacted at the meeting.
2. The report must be prepared to comply with Section 217 of the Companies Act.
3. Broker who make a loss due to wrong moves in the stock markets.
4. An intermediary between investor and depository.
5. Transfer of shares by operation of law.
Q.2 Write short notes on any three of the following. 15
1. Characteristics of Preference Shares.
2. Rights of Debenture holders.
3. Employee Stock Option Scheme.
4. Importance of Report in Company.
5. Acceptance of Deposit.
Q.3 Distinguish between the following. (Any 3) 15
1. Transfer of Shares and Transmission of Shares.
2. Interim Dividend and Final Dividend.
3. Share Certificate and Share Warrant.
4. Annual Report and Committee Report.
5. Allotment letter and Forfeiture letter.
Q.4 State True or False with reasons. (Any 3) 15
1. There is no procedure for allotment of shares.
2. There is no need of Depository System for trading of shares in india.
3. Debenture is a Loan Capital of the Company.
4. Maintenance of ‘Register of Members’ is option for a company.
5. Dividend can be declared even if a company suffers a loss in that particular year.
Q.5 Write short answers of the following. (Any 3) 15
1. State the essentials of a good report.
2. State the circumstances under which a secretary is required to write a letter to the member.
3. State the functions of Stock Exchange.
4. Explain the factors affecting a Dividend Policy.
5. Explain the meaning and types of Debenture.
Q.6 What are equity shares? Explain the features of equity shares. 10
OR
Define Call on Shares. Explain Secretarial duties relating to making a call on shares.
Q.7 Prepare a letter of Call reminder. 10
OR
Draft a Call letter.
Best of Luck
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