State whether the following statements are true or false.

1. Dividend is paid to registered shareholders of the company.
Ans:- True

2. Dividend is decided by the Board. 
Ans:- True

3. Dividend is decided by the shareholders.
Ans:- False

4. Dividend once declared cannot be revoked. 
Ans:- True

5. Dividend cannot be paid out of capital. 
Ans:- True

6. Shareholders decide about the rate and amount of profit to be given as dividend. 
Ans:- False

7. All categories of shareholders get a fixed rate dividend. 
Ans:- False

8. IEPF is the fund created by company. 
Ans:- False

9. Interest is a liability for company. 
Ans:- True

10. Interest is paid to shareholders of company. 
Ans:- False