Equity shares cannot be issued for the purpose of
Shares 6

Quiz
•
Professional Development
•
12th Grade
•
Hard
Harsimran Kaur
Used 22+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Cash receipts
Purchase of assets
Redemption of debentures
Distribution of dividend
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company may issue
Equity shares
Preference shares
Equity and preference both shares
None of the above
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company cannot issue
Redeemable equity shares
Redeemable preference shares
Redeemable debentures
Fully convertible debentures
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To whom dividend is given at a fixed rate in a company
To equity shareholders
To preference shareholders
To debentureholders
To promoters
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Preference shareholders have
Preferential right as to dividend only
Preferential right in the management
Preferential write as to repayment of capital at the time of liquidation of the company
Preferential right as to dividend and repayment of capital at the time of liquidation of a company
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The shares on which there is no any pre fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called
Equity share
Non cumulative preference shares
Non convertible preference share
Non guaranteed preference share
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called
Cumulative preference shares
Non commulative preference shares
Convertible preference shares
Non convertible preference shares
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