Complete the sentences.

1. Dividend is recommended by ………..
Ans:- Dividend is recommended by Board of Director .

2. A company capitalises its Reserve Fund for issue of ………. shares.
Ans:- A company capitalises its Reserve Fund for issue of Bonus shares.

3. Payment of dividend must be made within ……. days of its declaration.
Ans:- Payment of dividend must be made within  30  days of its declaration.

4. Dividend is approved by the ……………….. in the Annual General Meeting.
Ans:- Dividend is approved by the Shareholders in the Annual General Meeting.

5. The  ………………… has to communicate the decisions of the management to the members by conducting correspondence. 
Ans:- The Sacretary has to communicate the decisions of the management to the members by conducting correspondence.