Secretarial Practice Board Paper 2014 February

Q1. A. Select the correct answer from the possible choices given below and rewrite the statements: (5)

1. 'Trading on equity' means use of ___________ capital for financing a firm.

a. equity shares

b. preference shares

c. borrowed

2. A ______________ is an indivisible unit of share capital .

a. debenture

b. share

c. bond

3. Debenture certificate must be issued within _____________ months of allotment.

a. three

b. six

c. nine

4. The ____________ recommend the final dividend.


a. shareholders

b. board of directors

c. promoters

5. The market where existing securities are resold or traded is called _________________ market.

a. commodity

b. secondary

c. primary


(C) Write a word/ term/ phrase which can substitute each of the following statements:

1. Depository Receipt traded in other countries other than the U.S.A.