Dividend

Front

Dividend under Section 2(35) of the Companies Act, 2013 includes: Only Final Dividend, Only Interim Dividend, Both, None

Back

Both

Front

Dividend is always paid on: Market value of Shares, Paid up value of Shares, Face Value of Shares, Issue Price of shares

Back

Face Value of Shares

Front

The power to declare dividend lies with

Back

Shareholders in AGM

Front

Interim Dividend is declared By: Board of Directors, Shareholders in AGM, Audit Committee, Central Government

Back

Board of Directors

Front

Which of the following is not Correct? Dividend is recommended by BOD, Dividend is Approved by Shareholders, The Declared dividend may be increased by the members by passing Special Resolution, Declared Dividend is approved by members by passing ordinary Resolution

Back

The Declared dividend may be increased by the members by passing Special Resolution

Front

Dividend cannot be declared out of: Current year Profits, Free Reserves, Money by the Government, Revaluation Reserve

Back

Revaluation Reserve

Front

Before Declaring the Dividend, a company must provide for: Depreciation as per Schedule II, Bonus to Employees, CSR Expenses, All the above

Back

Depreciation as per Schedule II

Front

Which of the following is Correct? Final Dividend can be revocked by passing Ordinary Resolution, Final Dividend can be revocked by passing Special Resolution, Final Dividend can not be revocked, None of the statements are correct

Back

Final Dividend can not be revocked

Front

If a company has incurred losses in the current year, interim dividend rate cannot exceed: 10% of Paid up capital, 15% of free Reserves, Average dividend rate of 3 years, All the above

Back

Average dividend rate of 3 years

Front

The maximum amount that can be drawn from free reserves for dividend (if profits are inadequate) is: 5% of paid-up capital + free reserves, 10% of paid-up capital + free reserves, 15% of Free Reserves, No limit

Back

10% of paid-up capital + free reserves