Complete the sentences.

1. The finance needed by business organisation is termed as ………..
Ans: The finance needed by business organisation is termed as Capital.

2. The convertible preference share holders have a right to convert their shares into ………….
Ans: The convertible preference share holders have a right to convert their shares into Equity Shares .

3. Equity shareholders elect their representatives called …………
Ans: Equity shareholders elect their representatives called Board of Directors .

4. Bonus shares are issued as gift to ……………
Ans: Bonus shares are issued as gift to Equity Shareholders .

5. The bond holders are …………… of the company.
Ans: The bond holders are Creditors of the company.

6. Depository receipt traded in a country other than USA is called …………...
Ans: Depository receipt traded in a country other than USA is called Global Depository Receipt .

7. First Industrial policy was declared in the year ………
Ans: First Industrial policy was declared in the year 1948

8. When goods are delivered by supplier to customer on basis of deferred payment it is called as …………. .
Ans: When goods are delivered by supplier to customer on basis of deferred payment it is called as Trade Credit .