Select the correct answer from the options given below and rewrite the statements.
1. Dividend is paid to …………………………….
a) Shareholder b) Debenture holder c) Depositor
Ans:- a) Shareholder
2. ……………………………. is profit shared by company with a shareholder.
a) Interest b) Rent c) Dividend
Ans:- c) Dividend
3. Dividend is recommended by ……………………………. .
a) Managing Director b) Secretary c) Board of Directors
Ans:- c) Board of Directors
4. Interim Dividend is declared by ……………………………. .
a) Board of Directors b) Debenture holders c) Depositors
Ans:- a) Board of Directors
5. Final Dividend is declared by ……………………………. .
a) Board of Directors b) Shareholders c) Depositors
Ans:- b) Shareholders
6. Dividend cannot be declared out of ……………………………. .
a) Capital b) Profit c) Reserves
Ans:- a) Capital
7. Dividend amount should be transferred in a separate Bank Account within ……………….. days of its declaration.
a) 5 b) 15 c) 50
Ans:- a) 5
8. Dividend should be paid within ……………………………. days of its declaration.
a) 3 b) 13 c) 30
Ans:- c) 30
9. …………………. holders get dividend from residual profits.
a) Equity share b) Preference share c) Debenture
Ans:- a) Equity share
10. Dividend is paid first to …………………. shareholders.
a) Equity b) Preference c) Deferred
Ans:- b) Preference
11. …………………. warrant is a cheque containing dividend amount sent by company to the shareholders.
a) Dividend b) Share c) Interest
Ans:- a) Dividend
12. IEPF is created by …………………. where unpaid dividend is transferred by company.
a) Central Govt. b) Company c) Shareholders
Ans:- a) Central Govt.
13. Payment of …………………. Dividend must be authorised by the Articles of Association.
a) Interim b) Final c) Bonus
Ans:- a) Interim
14. ………………… is a return paid to creditors by the company.
a) Dividend b) Interest c) Rent
Ans:- b) Interest
15. ………………… is not linked to profits of the company.
a) Dividend b) Interest c) Bonus
Ans:- b) Interest