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.
