Page 1 - H4

SAI INTERNATIONAL SCHOOL
CLASS-XI

Sub: Business Studies
Chapter 7: Sources of Business Finance
Topic: Types of Preference Shares & ESOP

(HOME ASSIGNMENT- 32)
ASSESSMENT MCQ:
1. The term ‘redeemable’ is used for………….
a) Preference shares
b) Commercial paper
c) Equity shares
d) Public deposits
2. Preference shares that can be converted into equity shares within a specified period of time are
known as …………………..
a) Participating Preference shares
b) Cumulative Preference shares
c) Convertible Preference shares
d) Redeemable Preference shares
3. The preference shares which enjoy the right to accumulate unpaid dividends in the future years
is………….
a) Participating Preference shares
b) Cumulative Preference shares
c) Convertible Preference shares
d) Redeemable Preference shares
4. Preference Shares which are redeemed by the company at a specific time.
a) Participating Preference shares
b) Cumulative Preference shares
c) Convertible Preference shares
d) Redeemable Preference shares

5. What kind of employees is actually entitled to ESOPs?
a) A permanent employee working in or outside India;
b) A whole-time or part-time director of the company; and
c) An employee of a subsidiary, holding or an associate company working in or outside
India
d) All of the above

HOME ASSIGNMENT