Page 3 - HA ISSUE OF DEB

(B) With Specified Rate of Interest

(C) With huge amount of discount
(D) None of These

12. Dividend payable on Share is:
(A) an appropriation of profits of the company

(B) a charge against profits of the company

(C) transferred to sinking fund investment account
(D) transferred to general reserve

13. A shareholder is entitled to :

(A) Fixed dividend

(B) Share in Assets

(C) Voting rights in the company
(D) Interest at the fixed rate

14. Debenture are called issued at Par if

A) Issue price is equal to face value of the debenture

b) Issue price is more than the face value of the debenture

C) Issue price is lower than the face value of the debenture

D) None of the above

15. Debenture are called issued at Premium if

A) Issue price is equal to face value of the debenture

b) Issue price is more than the face value of the debenture

C) Issue price is lower than the face value of the debenture

D) None of the above

16. Debenture are called issued at discount if

A) Issue price is equal to face value of the debenture