Issue of Shares — Secretarial Practice STD 12 Commerce / Arts — Question

Correct the underlined word and rewrite the following sentences :

• When there is a recession in the economy sales will increase.

Arrange in proper order :

(a) Issue debenture certificate
(b) Issue prospectus
(c) Open Bank Account

Arrange in proper order :

(a) Hold Board Meeting for allotment
(b) Issue debenture certificate
(c) Receive application with money

Arrange in proper order :

(a) Forfeiture of shares
(b) Calls on shares
(c) Allotment of shares

Arrange in proper order :

(a) Return of allotment
(b) Application form
(c) Minimum Subscription

Correct the underlined word and rewrite the following sentences :

• Finance is needed to pay dividends to debenture holders.

Arrange in proper order :

(a) Obtain Credit Rating
(b) Entry in register of debenture
(c) Receive application with money

Correct the underlined word and rewrite the following sentences :

• Equity shares carry dividends at a fixed rate.

Correct the underlined word and rewrite the following sentences :

• Share is an acknowledgment of a loan raised by the company.