{"id":31964,"date":"2024-09-25T14:54:03","date_gmt":"2024-09-25T09:24:03","guid":{"rendered":"https:\/\/scholarsclasses.com\/blog\/?p=31964"},"modified":"2025-12-26T15:15:29","modified_gmt":"2025-12-26T09:45:29","slug":"hsc-sp-question-paper-2024-with-solution","status":"publish","type":"post","link":"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/","title":{"rendered":"HSC SP Question Paper 2024 with Solution | Maharashtra Board (Download Free PDF)"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69ef35fd02114\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69ef35fd02114\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#HSC_SP_Question_Paper_2024_with_Solution\" >HSC SP Question Paper 2024 with Solution<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#HSC_SP_Question_Paper_2024_with_Solution-2\" >HSC SP Question Paper 2024 with Solution<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_1_A_Select_the_correct_answer_from_the_options_given_below_and_rewrite_the_statement_5_20\" >Q. 1. (A) Select the correct answer from the options given below and rewrite the statement : (5) {20}<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#B_Match_the_pairs_5\" >(B)&nbsp;Match the pairs: &nbsp;(5)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#C_Find_the_odd_one_5\" >(C)&nbsp;Find the odd one:&nbsp; (5)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_2_Explain_the_following_termsconcepts_Any_Four_12\" >Q. 2. Explain the following terms\/concepts : (Any Four)&nbsp;(12)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_3_Study_the_following_casesituation_and_express_your_opinion_Any_Two_6\" >Q. 3. Study the following case\/situation and express your opinion : (Any Two) (6)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_4_Distinguish_between_the_following_Any_Three_12\" >Q. 4. Distinguish between the following : (Any Three)&nbsp;&nbsp;(12)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_5_Answer_the_following_questions_in_brief_Any_Two_8\" >Q. 5. Answer the following questions in brief: (Any Two) (8)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_6_Justify_the_following_statement_Any_Two_8\" >Q. 6. Justify the following statement : (Any Two)&nbsp;&nbsp;(8)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_7_Attempt_the_following_Any_Two_10\" >Q. 7. Attempt the following : (Any Two)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Q_8_Answer_the_following_questions_Any_One_8\" >Q. 8. Answer the following questions : (Any One)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Check_out_other_posts_related_to_the_12th_Commerce\" >Check out other posts related to the 12th Commerce<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/scholarsclasses.com\/blog\/hsc-sp-question-paper-2024-with-solution\/#Online_lectures_of_Class_12_Commerce\" >Online lectures of Class 12 Commerce<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"HSC_SP_Question_Paper_2024_with_Solution\"><\/span><strong>HSC SP Question Paper 202<\/strong>4 <strong>with Solution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Chapter Name <\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\">1) Introduction to Corporate Finance<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\">2) Sources of Corporate Finance<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\">3) Issue of Shares<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\">4) Issue of Debentures<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\">5) Deposits<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\">6) Correspondence with Members<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\">7) Correspondence with Debentureholders<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\">8) Correspondence with Depositors<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\">9) Depository System<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\">10) Dividend Interest<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\">11) Financial Market<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\">12) Stock Exchange<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-499968f5 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/drive.google.com\/file\/d\/1IqGlaG58ETMpY2bO68qjB4urfm6v8ggQ\/view?usp=sharing\" target=\"_blank\" rel=\"noopener\">HSC SP Question Paper 2024<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"HSC_SP_Question_Paper_2024_with_Solution-2\"><\/span>HSC SP Question Paper 2024 with Solution<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_1_A_Select_the_correct_answer_from_the_options_given_below_and_rewrite_the_statement_5_20\"><\/span><strong>Q. 1. (A) Select the correct answer from the options given below and rewrite the statement : (5) {20}<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong>(1) Finance is the management of ________ affairs of the company.<br>(a) monetary<br><\/strong>(b) marketing<br>(c) production<\/p>\n\n\n\n<p><strong>(2) Company can accept deposits from public, minimum for <em>_________ <\/em>months<em>.<\/em><br><\/strong>(a) nine<br><strong>(b) six<br><\/strong>(c) twelve<\/p>\n\n\n\n<p><strong>(3) A company can issue ________ convertible debentures. <br><\/strong>(a) only partly<br>(b) only fully <br><strong>(c) partly or fully<\/strong><\/p>\n\n\n\n<p><strong>(4) Debenture capital is a _________ capital of a company<\/strong>.<br>(a) borrowed<br>(b) owned<br>(c) permanent<\/p>\n\n\n\n<p><strong>(5) ________ is a return paid to creditors by the company.<br><\/strong>(a) dividend<br><strong>(b) Interest<br><\/strong>(c) Rent<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"B_Match_the_pairs_5\"><\/span><strong>(B)&nbsp;<\/strong>Match the pairs:<strong> &nbsp;(5)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution-1024x576.webp\" alt=\"HSC SP Question Paper 2024 with Solution\" class=\"wp-image-33207 lazyload\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;width:720px;height:auto\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution-1024x576.webp 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution-300x169.webp 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution-768x432.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution-1536x864.webp 1536w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/HSC-SP-Question-Paper-2024-with-Solution.webp 1920w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><figcaption class=\"wp-element-caption\">HSC SP Question Paper 2024 with Solution<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group &#8216;A&#8217;<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Group &#8216;B&#8217;<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">(a) Capital budgeting<\/td><td class=\"has-text-align-center\" data-align=\"center\">(1) Unsecured Debenture<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">(b) Regret Letter<\/td><td class=\"has-text-align-center\" data-align=\"center\">(2) 1956<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">(c) Board of Directors<\/td><td class=\"has-text-align-center\" data-align=\"center\">(3) Investment decision<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">(d) Depository Act<\/td><td class=\"has-text-align-center\" data-align=\"center\">(4) Allotment of shares<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">(e) Final Dividend<\/td><td class=\"has-text-align-center\" data-align=\"center\">(5) Decided and declared by Board of Directors<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">(6) Financing decision<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">(7) Decided by Board and declared by members<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">(8) l996<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">(9) Power to issue debentures<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">(10) Non-Allotment of shares<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Answers.   <br><\/strong>a. (3) Investment decision<br>b. (10) Non-Allotment of shares<br>c. (9) Power to issue debentures<br>d. (8) l996<br>e. (7) Decided by Board and declared by members<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"C_Find_the_odd_one_5\"><\/span><strong>(C)&nbsp;Find the odd one:&nbsp; (5)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>(1) Debenture, Public Deposit, <strong>Retained earnings<\/strong><br>(2) Bonus shares, Rights shares, <strong>Employees Stock Option Scheme (ESOS)<\/strong><br>(3) Private company, Non-Eligible public company, <strong>Government company<\/strong><br>(4) Depository, D.P., <strong>RBI<\/strong><br>(5) Private Placement, <strong>Commercial Paper<\/strong>, Further Public Offer (FPO)<\/p>\n\n\n\n<p><strong>(D) Correct the underlined words and rewrite the following sentences: (5)<\/strong><\/p>\n\n\n\n<p>(1) Owned capital is <span style=\"text-decoration: underline;\">temporary<\/span> capital.<br>Answer: Owned capital is permanent capital.<\/p>\n\n\n\n<p>(2) <span style=\"text-decoration: underline;\">FPO<\/span> refers to offering of shares to the public for the first time.<br>Answer: (2) IPO refers to offering of shares to the public for the first time.<\/p>\n\n\n\n<p>(3) Dividend is recommended by <span style=\"text-decoration: underline;\">shareholders<\/span>.<br>Answer: (3) Dividend is recommended by Board of Directors.<\/p>\n\n\n\n<p>(4) Deposit is a <span style=\"text-decoration: underline;\">long<\/span> term source of capital.<br>Answer: (4) Deposit is a short term source of capital.<\/p>\n\n\n\n<p>(5) A stock market is an important constituent of <span style=\"text-decoration: underline;\">money<\/span> market.<br>Answer: (5) A stock market is an important constituent of capital market.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_2_Explain_the_following_termsconcepts_Any_Four_12\"><\/span><strong>Q. 2. Explain the following terms\/concepts : (Any Four)&nbsp;(12)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>1) Fixed capital<br><\/strong><\/mark><strong>Answer:<\/strong> Fixed capital is the capital used to buy fixed assets that are used for a longer period in the business. These assets are not meant for resale.<br><br>In simple words, fixed capital refers to capital invested for acquiring fixed assets. It stays in the business for a long period almost permanently. <br><br>Examples of fixed capital are &#8211; capital used for purchasing land and buildings, furniture, plants, machinery, etc. Such capital is usually required at the time of the establishment of a new company. However, existing companies may also need such capital for expansion and development, equipment replacement, etc.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>2) Borrowed capital<br><\/strong><\/mark><strong>Answer: <\/strong>Only owned capital is not sufficient to carry on all business activities of a joint stock company. A company needs borrowed capital to supplement it\u2019s owned capital. Every trading company is entitled to borrow money.<br> <br>The capital may be borrowed for short, medium, or long-term requirements. It is better to raise borrowed capital at a later stage of the company\u2019s business when company wants to expand or diversify its business and it requires additional capital. This additional capital can be raised by: a) issuing debentures b) Accepting deposits c) bonds d) Loans from commercial banks and financial institutions, etc. Interest is paid on borrowed capital. It is paid at a fixed rate. Borrowed capital is repayable after a specific time.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>3) Bonus shares<br><\/strong><\/mark><strong>Answer: <\/strong>Bonus shares are fully paid shares issued free of cost to the existing equity shareholders in proportion to their shareholdings. Usually financially sound companies issue Bonus Shares out of its accumulated distributable profits or reserves. Hence as the profits or reserves are capitalized, it is also called as \u2018Capitalisation of Profits or Reserves\u2019.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>4) Depository system<br><\/strong><\/mark><strong>Answer:<\/strong> a) Under the Depositor System, securities are held in electronic form. The transfer and settlement of securities are done electronically.<br>b) The Depository System maintains accounts of the shareholder, enables transfer, collects dividends, bonus shares, etc. on behalf of the shareholder.<br>c) This system is also called a scripless trading system.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>5) Secondary market<br><\/strong><\/mark><strong>Answer:<\/strong> a) Secondary market is more commonly known as the stock market or the stock exchange.<br>b) Here the previously issued securities are bought and sold by the investors.<br>c) After IPO, when the shares are listed on the Stock Exchange, they can be traded in the secondary market.<br>d) In this market the securities are traded between investors.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>6) Stock Exchange<br><\/strong><\/mark><strong>Answer:<\/strong> a) Stock exchange is a specific place where various types of securities are purchased and sold.<br>b) The term securities include equity shares, preference shares, debentures, government securities and bonds, etc. including units of Mutual Funds.<br>c) Stock markets act as intermediary between investors and borrowers.<br>d) According to the Securities Contracts (Regulation) Act 1956, the term stock exchange is defined as, \u201cAn association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling of business in buying, selling and dealing in securities.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_3_Study_the_following_casesituation_and_express_your_opinion_Any_Two_6\"><\/span><strong>Q. 3. Study the following case\/situation and express your opinion : (Any Two) (6)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">(1) Violet Ltd. company plans to raise <strong>\u20b9<\/strong>10 crores by issuing debentures. The Board of Directors have some queries. Please advise them on the following :<\/mark><\/p>\n\n\n\n<p>(a) Can they issue convertible debentures?<br>(b) As the company is offering debentures to its members, can such debentures have nonnal voting rights?<br>(c) Capital raised by issuing debentures will be Owned Capital or Borrowed Capital?<\/p>\n\n\n\n<p><strong>Solution:<\/strong><br>a) Yes, they can issue convertible debentures.<br>b) Debenture holders are the creditors of the company, therefore they do not have normal voting rights<br>c) Capital raised by issuing debentures will be Borrowed Capital.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">(2) Mr. Satish holds 100 shares of Raj Company Ltd. in physical mode and wishes to convert the same into electronic mode:<\/mark><\/p>\n\n\n\n<p>(a) Mr. Satish holds a Savings Bank Account with SBI. Can he deposit his shares in this account for demat?<br>(b) What type of account is needed for the same?<br>(c) Is it the RBI which will be the custodian of shares of Mr. Satish after demating?<\/p>\n\n\n\n<p><strong>Solution:<\/strong><br>a) No, Mr. Z cannot deposit his shares in his savings bank account for Demat. <br>b) A Demat account is needed to convert physical shares into electronic shares.<br>c) No, RBI cannot act as the custodian of shares of Mr. Z. The CSDL or NSDL can act as a custodian.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">(3) GOLD Co. Ltd. declares a dividend of 10\/- per share for F. Y.2019-2020 :<\/mark><\/p>\n\n\n\n<p>(a) Is the company under default, if dividend was not paid within 30 days of its declaration?<br>(b) Is the company right in transferring the unpaid dividend to its Debenture Reserve Account?<br>(c) Does the company have to transfer the amount of unpaid dividend to IEPF after 30 days?<\/p>\n\n\n\n<p><strong>Solution:<br><\/strong>(a) Yes, the company is under default if dividend was not paid within 30 days of its declaration.<br>(b) No, the company is not right in transferring the unpaid dividend to its Debenture Reserve Accounts. The total amount of dividend which remains unpaid\/unclaimed should be transferred to \u2018Unpaid Dividend Account\u2019.<br>c) No. the company does not have to transfer the amount of unpaid dividend to IEPF after 30 days such transfer is required after 7 (seven) years of unpaid status.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">Balbharti Textbook Solutions for Other Subjects<\/a><br><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions\/\">Solution of all Chapters of SP<br><\/a> <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-chapter-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">1<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-sp-textbook-solutions-chapter-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">2<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-3-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">3<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-4-exercise\/\" target=\"_blank\" rel=\"noreferrer noopener\">4<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-5-exercise-deposits\/\" target=\"_blank\" rel=\"noreferrer noopener\">5<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-6-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">6<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-7-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">7<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-8-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">8<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-9-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">9<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-10-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">10<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-11-solution\/\" target=\"_blank\" rel=\"noreferrer noopener\">11<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-sp-chapter-12-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">12<\/a><\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_4_Distinguish_between_the_following_Any_Three_12\"><\/span><strong>Q. 4. Distinguish between the following : (Any Three)&nbsp;&nbsp;(12)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong>1) Fixed capital and Working capital<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Points<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Fixed Capital<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Working Capital<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">1) Meaning<\/td><td class=\"has-text-align-center\" data-align=\"center\">Fixed capital refers to any kind of physical asset i.e. fixed assets.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Working capital refers to the sum of current assets.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2) Nature<\/td><td class=\"has-text-align-center\" data-align=\"center\">It stays in the business almost permanently.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Working capital is circulating capital. It keeps changing.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">3) Purpose<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is invested in fixed assets such as land, buildings, equipment, etc.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is invested in fixed assets such as land, building, equipment, etc.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">4) Sources<\/td><td class=\"has-text-align-center\" data-align=\"center\">Fixed capital funding can come from selling shares, debentures, bonds, long-term loans, etc.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Working capital can be funded with short-term loans, deposits, trade credit, etc.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5) Objectives of Investors<\/td><td class=\"has-text-align-center\" data-align=\"center\">Investors invest money in fixed capital hoping to make future profit.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Working capital is invested in short-term assets such as cash, accounts receivable, inventory, etc.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">6) Risk<\/td><td class=\"has-text-align-center\" data-align=\"center\">Investment in fixed capital implies more risk.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Investment in working capital is less risky.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>2) Rights shares and Bonus shares<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Points<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong>Rights Shares<\/strong><\/strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong>Bonus Shares<\/strong><\/strong><\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">1) Meaning<\/td><td class=\"has-text-align-center\" data-align=\"center\">In rights issue, shares are offered to the existing equity shareholders i.e. Company offers the shareholders the first option to buy the shares of the company.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Bonus shares are issued to the<br>existing equity shareholders free<br>of cost.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2) Payment<\/td><td class=\"has-text-align-center\" data-align=\"center\">Subscribers have to pay for the<br>Rights Shares. Company only<br>gives them a right to buy these<br>shares.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Bonus shares are issued free of<br>cost to the shareholders.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">3) Partly \/ fully paid up shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">Shareholders have to pay for these shares as Application Money, Allotment, Call Money etc. till the full money on shares is paid up.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Bonus shares are fully paid up<br>shares. So no money has to be<br>paid by the shareholders to the<br>company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">4) Minimum Subscription<\/td><td class=\"has-text-align-center\" data-align=\"center\">Company has to obtain minimum<br>subscription. If the company fails<br>to receive minimum subscription,<br>it has to refund the entire<br>application money received.<\/td><td class=\"has-text-align-center\" data-align=\"center\">There is no minimum subscription<br>to be collected as Bonus shares<br>are issued free of cost by the<br>company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5) Right to Renounce<\/td><td class=\"has-text-align-center\" data-align=\"center\">The shareholders can renounce<br>his shares.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Shareholders cannot renounce his<br>bonus shares.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">6) Purpose of Issue<\/td><td class=\"has-text-align-center\" data-align=\"center\">Rights issue is done by a<br>company when it wants to raise<br>fresh funds but wants to give a<br>chance to their existing members<br>to increase their shareholding.<\/td><td class=\"has-text-align-center\" data-align=\"center\">When company has accumulated<br>huge profits or reserves and<br>company wants to reward its<br>existing Equity shareholders,<br>company issues Bonus shares.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>(3) Dematerialization and Rematerialization<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Points<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong>Dematerialization<\/strong><\/strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong>Rematerialization<\/strong><\/strong><\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">1) Meaning<\/td><td class=\"has-text-align-center\" data-align=\"center\">Process of converting Physical<br>certificates of securities into<br>electronic form.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is the process of conversion of<br>an electronic form of securities into physical form.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2) Conversion<\/td><td class=\"has-text-align-center\" data-align=\"center\">Here, the paper form of securities<br>is converted into digital\/<br>electronically held securities.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Here, the electronic records are<br>converted into physical\/paper<br>form securities.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">3) Use of Form<\/td><td class=\"has-text-align-center\" data-align=\"center\">It uses &#8216;DRF&#8217; Viz.<br>&#8216;Dematerialization Request<br>Form&#8217; from Investor to the DP.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It uses &#8216;RRF&#8217; viz Rematerialization<br>Request Form\u2019 from Investor to the DP.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">4) Sequence<\/td><td class=\"has-text-align-center\" data-align=\"center\">This is an initial process. It is a<br>primary and Principal function<br>of the depository.<\/td><td class=\"has-text-align-center\" data-align=\"center\">This is a reverse process. It is a<br>secondary and supporting function of depository. Already demated securities are remated.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5) Identification of Securities<\/td><td class=\"has-text-align-center\" data-align=\"center\">Demated securities have no<br>distinctive numbers. They are<br>fungible.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Remated securities will have<br>certificate and distinctive numbers<br>as issued by company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">6) Securities Maintenance Authority<\/td><td class=\"has-text-align-center\" data-align=\"center\">Depository is the custodian of<br>securities and records.<\/td><td class=\"has-text-align-center\" data-align=\"center\">The issuing company is the record<br>keeping authority. Securities are<br>maintained b the investor.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">7) Difficult of Process<\/td><td class=\"has-text-align-center\" data-align=\"center\">Demat is an easy process. Also<br>its not a time consuming process.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Remat is not only a time consuming but also a complex process.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>4) Dividend and Interest<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Points<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong><strong>Dividend<\/strong><\/strong><\/strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong><strong><strong>Inter<\/strong><\/strong><\/strong>est<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">1) Meaning<\/td><td class=\"has-text-align-center\" data-align=\"center\">Dividend is the return payable to<br>the shareholders of the company<br>for their investment in the share<br>capital.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is the return payable to the<br>creditors of the company viz.<br>Debenture holder \/ Deposit<br>holders for the loan given b<br>them to the company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2) Given to whom<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is paid to the member i.e. the<br>owners of the company.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is paid to the creditor of the<br>company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">3) Obligation<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is to be paid only when<br>company has made profits.<br>Therefore no obligation \/<br>compulsion to pay dividend.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is not linked to the profits of<br>the company. Payment of interest<br>is an obligation and is to be paid<br>b the company compulsorily.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">4) When Payable<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is payable when a company<br>earns sufficient profit in a year<br>after fulfilling all obligations.<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is payable every year<br>irrespective of the profits of the<br>company.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5) Rate<\/td><td class=\"has-text-align-center\" data-align=\"center\">It is paid at a fluctuating rate<br>to the equity shareholders since<br>it is linked to the profits of<br>company.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Rate of interest is fixed and pre-<br>determined at the time of issue<br>of the security.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">6) Resolution<\/td><td class=\"has-text-align-center\" data-align=\"center\">Payment of Final Dividend<br>requires a Board resolution and<br>an ordinary resolution at the<br>AGM while Interim Dividend<br>can be paid b passing only a<br>Board Resolution.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Payment of interest does not<br>require passing of a resolution<br>at any meeting.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">7) Accounting Treatment \/ Aspect<\/td><td class=\"has-text-align-center\" data-align=\"center\">Dividend is an appropriation of<br>profit.<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest is a charge on profit.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_5_Answer_the_following_questions_in_brief_Any_Two_8\"><\/span><strong>Q. 5. Answer the following questions in brief: (Any Two) (8)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><mark style=\"background-color: rgba(0, 0, 0, 0);\" class=\"has-inline-color has-vivid-purple-color\"><b>(1)&nbsp;<\/b><\/mark><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Explain Employee Stock Option Scheme.<\/mark><\/strong><\/p>\n\n\n\n<p>Under this scheme, permanent employees, Directors or officers of the company or its Holding Company or<br>Subsidiary companies are offered the benefit or right to purchase the Equity Shares of the company at a future date at a pre-determined price.<\/p>\n\n\n\n<p>ESOS encourages employees as they feel proud to be owners of the company for which they are working and company also benefits as it can retain good employees.<\/p>\n\n\n\n<p><strong>The following are the provisions related to ESOS<\/strong>:<\/p>\n\n\n\n<p>a) A company may offer the shares directly to the employees or through an Employee Welfare Trust.<br>b) The shares are offered at a price lesser than their market price.<br>c) There is a minimum vesting period of one year.<br>d) Usually company will specify the lock-in period i.e. period during which employee cannot sell his shares. The lock-in period is a minimum of 1 year between the grant of option and vesting.<\/p>\n\n\n\n<p>e) Shares issued under this scheme does not enjoy any dividend or voting rights till the employees buy the shares.<br>f) The company has to get the approval of shareholders through a special resolution to issue ESOS.<br>g) Employee cannot transfer his option to any other person nor can he pledge or mortgage the shares issued under ESOS.<br>h) The company has to set up a compensation committee to administer ESOS. The company has to fulfill the provisions of SEBI (Share Based Employee Benefits) Regulations, 2014.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong><strong>(2) State any four terms and conditions regarding acceptance<\/strong> of deposits.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <br><strong>Following are the <strong>terms and conditions regarding acceptance of Deposit<\/strong><\/strong>:<\/p>\n\n\n\n<p><strong>1)<span style=\"text-decoration: underline;\">Application Form<\/span><\/strong>: A company has to provide an application form. It should contain a declaration by the applicant that the deposit he is making is not made out of any money borrowed by him from another person.<\/p>\n\n\n\n<p><strong>2)<span style=\"text-decoration: underline;\">Joint names<\/span><\/strong>: Compan can accept deposits in joint names of depositors. But there should not be more than 3 names.<\/p>\n\n\n\n<p><strong>3) <span style=\"text-decoration: underline;\">Nomination<\/span>:<\/strong> Every depositor at any time, has the right to nominate any person as nominee in the event of death of the depositor.<\/p>\n\n\n\n<p><strong>4) <span style=\"text-decoration: underline;\">Appointment of Deposit Trustee<\/span>:<\/strong> When issuing secured deposits, eligible companies and public companies have to appoint one or more Deposit Trustees. The Trustees protect the interest of the depositor in case a company defaults in repaying the depositors. Company signs a contract with the Deposit Trustees called as Trust Deed. It contains the terms and conditions of the contract. The deed has to be signed at least 7 days before issuing the circular or advertisement.<\/p>\n\n\n\n<p><strong>5) <span style=\"text-decoration: underline;\">Create charge on assets<\/span>:<\/strong> A company accepting secured deposit from public, within thirty days of acceptance, has to create a charge on its tangible assets for an amount not less than the amount of deposit accepted. The minimum amount of security should be equal to the amount not covered by Deposit Insurance.<br>The Security is created in favour of the Deposit trustees.<\/p>\n\n\n\n<p><strong>6) <span style=\"text-decoration: underline;\">Deposit Insurance<\/span>:<\/strong> A company needs to take Deposit Insurance at least 30 days before issue of circular or advertisement. If the amount of Deposit plus interest on it is up to Rs 20,000, insurance is to be taken.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>(3) Explain the features of Interim Dividend.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <br>A dividend declared by the Board of Directors between two Annual General Meetings is called Interim Dividend. Interim dividend is paid in the middle of the accounting year i.e. before the finalization of annual accounts for the year. The opinion of the company\u2019s Auditors should be taken before declaring Interim Dividend.<\/p>\n\n\n\n<p><strong>Features of Interim Dividend<\/strong><\/p>\n\n\n\n<p>1) The Board of Directors has the power to declare Interim Dividend.<\/p>\n\n\n\n<p>2) Interim Dividend is only a payment on account of the whole dividend for the year.<\/p>\n\n\n\n<p>3) The company should provide depreciation for the entire year and not proportionately for a part of the year before declaring an Interim Dividend.<\/p>\n\n\n\n<p>4) Interim dividend cannot be paid out of any reserves.<\/p>\n\n\n\n<p>5) Articles of Association of the company must authorize the Board of Directors to declare an Interim Dividend.<\/p>\n\n\n\n<p>6) The Board Meeting has to pass a resolution for declaring the Interim Dividend.<\/p>\n\n\n\n<p>7) The amount to be given as Interim Dividend must be credited to a separate Bank account in a scheduled bank within 5 days of its declaration.<\/p>\n\n\n\n<p>8) Interim Dividend should be paid within 30 days of its declaration.<\/p>\n\n\n\n<p>9) Unpaid \/ Unclaimed Interim Dividend should be transferred to \u2018Unpaid Dividend Account within 7 days of the expiry of 30 days of declaration i.e. 37 days of its declaration.<\/p>\n\n\n\n<p>10) Any amount remaining unpaid\/unclaimed in the \u2018Unpaid Dividend A\/c\u2019 for 7 years should be transferred to IEPF.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_6_Justify_the_following_statement_Any_Two_8\"><\/span><strong>Q. 6. Justify the following statement : (Any Two)&nbsp;&nbsp;(8)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>1) Bond holder is creditor of the company.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong><br>1) A bond is an interest bearing certificate issued by the government or business firm, promising to pay the holder a specific sum at a specified date.<br>2) Bond is a debt security. It is a formal contract to repay borrowed money with interest.<br>3) Thus a company borrows money and issues bonds as an evidence of debt.<br>4) Interest is payable on bonds at a fixed interval or on maturity of bonds.<br>5) The holder of bond is a lender to the institution. He gets a fixed rate of interest.<br>Thus, the Bondholder is creditor of the company.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>2) A company has to create charge on its assets for issuing secured debentures.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <br>a) A company has to create charge on its assets for issuing secured debentures that can be justified by following points.<br>b) Company has to create a charge on the assets of the company or its subsidiary company or holding company.<br>c) The value of charge should be adequate to cover the entire value of debentures issued and interest to be paid on it.<br>d) If a Government company issues secured debentures which has Central or State Government\u2019s guarantee,<br>then it need not create any charge on its assets.<\/p>\n\n\n\n<p><strong><span class=\"has-inline-color has-vivid-purple-color\">3) Capital market is useful for corporate sector.<\/span><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <br>a) Capital market is the market for borrowing and lending long-term capital required by business enterprises.<br>b) The capital market links investors with the borrowers of funds. It routes money from savers to entrepreneurial borrowers.<br>c) Through this market, corporates, industrial organizations, and financial institutions access long-term funds from both domestic and foreign markets.<br>d) Primary or New Issues Market- here companies sell fresh shares, debentures, etc. for the first time to the public.<br>e) Secondary Market &#8211; here already existing shares, debentures, etc. are traded through the Stock Exchanges.<br>f) Hence, Capital market is useful for corporate sector.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">4) Stock exchanges work for the growth of the Indian economy.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <br>a) Stock markets are organized and regulated market which protects the interests of the investors.<br>b) In stock exchange, securities of various companies are bought and sold.<br>c) Investors invest in companies that give good return on investments.<br>d) Hence companies, too, try to invest in the most productive investment projects.<br>e) This leads to capital formation as well as economic growth.<br>f) Hence, Stock exchanges work for the growth of the Indian economy.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_7_Attempt_the_following_Any_Two_10\"><\/span><strong>Q. 7. Attempt the following : (Any Two)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">1) Write a letter to the member for the payment of dividend through Dividend Warrant.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"799\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.26\u202fAM-1024x799.webp\" alt=\"letter to the member for the payment of dividend through Dividend Warrant.\" class=\"wp-image-33224 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.26\u202fAM-1024x799.webp 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.26\u202fAM-300x234.webp 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.26\u202fAM-768x599.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.26\u202fAM.webp 1290w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/799;\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"573\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.41\u202fAM-1024x573.webp\" alt=\"letter to the member for the payment of dividend through Dividend Warrant.\" class=\"wp-image-33225 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.41\u202fAM-1024x573.webp 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.41\u202fAM-300x168.webp 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.41\u202fAM-768x429.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-26-at-11.57.41\u202fAM.webp 1284w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/573;\" \/><\/figure>\n\n\n\n<p><mark style=\"background-color: rgba(0, 0, 0, 0);\" class=\"has-inline-color has-vivid-purple-color\"><b>2) Draft a letter of allotment to the debenture holder regarding payment of <\/b><\/mark><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">interest electronically.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"761\" height=\"1024\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Draft-a-letter-of-allotment-to-the-debenture-holder-regarding-payment-of-interest-electronically-761x1024.webp\" alt=\"letter of allotment to the debenture holder regarding payment of interest electronically.\" class=\"wp-image-33230 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Draft-a-letter-of-allotment-to-the-debenture-holder-regarding-payment-of-interest-electronically-761x1024.webp 761w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Draft-a-letter-of-allotment-to-the-debenture-holder-regarding-payment-of-interest-electronically-223x300.webp 223w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Draft-a-letter-of-allotment-to-the-debenture-holder-regarding-payment-of-interest-electronically-768x1034.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Draft-a-letter-of-allotment-to-the-debenture-holder-regarding-payment-of-interest-electronically.webp 878w\" data-sizes=\"(max-width: 761px) 100vw, 761px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 761px; --smush-placeholder-aspect-ratio: 761\/1024;\" \/><\/figure>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">3) Write a letter to depositor regarding renewal of his deposit.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"965\" height=\"1024\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Write-a-letter-to-depositor-regarding-renewal-of-his-deposit-965x1024.webp\" alt=\"Write a letter to depositor regarding renewal of his deposit.\" class=\"wp-image-33236 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Write-a-letter-to-depositor-regarding-renewal-of-his-deposit-965x1024.webp 965w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Write-a-letter-to-depositor-regarding-renewal-of-his-deposit-283x300.webp 283w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Write-a-letter-to-depositor-regarding-renewal-of-his-deposit-768x815.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2024\/09\/Write-a-letter-to-depositor-regarding-renewal-of-his-deposit.webp 1150w\" data-sizes=\"(max-width: 965px) 100vw, 965px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 965px; --smush-placeholder-aspect-ratio: 965\/1024;\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-light-green-cyan-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q_8_Answer_the_following_questions_Any_One_8\"><\/span><strong>Q. 8. Answer the following questions : (Any One)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><strong>1) What are Preference Shares? Explain its types in detail.<\/strong><\/mark><\/p>\n\n\n\n<p><strong>Answer:<\/strong><br><strong><span style=\"text-decoration: underline;\">Preference Shares<\/span>:<br><\/strong>As the name indicates, these shares have certain preferential rights distinct from those attached to equity shares.<br>The shares which carry the following preferential rights are termed as preference shares :<br>a) A preferential right as to payment of dividend during the lifetime of the company.<br>b) A preferential right as to the return of capital in the event of winding up of the company.<br>The holder of the preference share has a prior right to receive a fixed rate of dividend before any dividend is paid to equity shares. The rate of dividend is prescribed at the time of issue.<\/p>\n\n\n\n<p><strong><span style=\"text-decoration: underline;\">Types of Preference Shares.<\/span><\/strong><\/p>\n\n\n\n<p><strong>1) <span style=\"text-decoration: underline;\">Cumulative Preference Shares<\/span>:<\/strong>&nbsp;Cumulative Preference Shares are those shares on which dividend goes on accumulating until it is fully paid. This means, if the dividend is not paid in one or more years due to inadequate profits, then this unpaid dividend gets accumulated. This accumulated dividend is paid when company performs well.<\/p>\n\n\n\n<p><strong>2) <span style=\"text-decoration: underline;\">Non-cumulative Preference Shares<\/span>:<\/strong>&nbsp;Dividend on these shares does not get accumulated. This means, the dividend on shares can be paid only out of profits of that year. The right to claim dividend will lapse, if company does not make profit in that particular year. If dividend is not paid in any year, it is lost forever.<\/p>\n\n\n\n<p><strong>3) <span style=\"text-decoration: underline;\">Participating Preference Shares<\/span>:<\/strong>&nbsp;The holders of these shares are entitled to participate in surplus profit besides preferential dividend. The surplus profit which remains after the dividend has been paid to equity shareholders, up to certain limit, is distributed to preference shareholders.<\/p>\n\n\n\n<p><strong>4) <span style=\"text-decoration: underline;\">Non-participating Preference Shares<\/span>:<\/strong>&nbsp;The preference shares are deemed to be non-participating if there is no clear provision in the Articles of Association. These shareholders are entitled to fixed rate of divided, prescribed at the time of issue.<\/p>\n\n\n\n<p><strong>5) <span style=\"text-decoration: underline;\">Convertible Preference Shares<\/span>:<\/strong>&nbsp;The holders of these shares have a right to convert their preference shares into equity shares. The conversion takes place within a certain fixed period.<\/p>\n\n\n\n<p><strong>6) <span style=\"text-decoration: underline;\">Non-convertible Preference Shares<\/span>:<\/strong>&nbsp;These shares cannot be converted into equity shares.<\/p>\n\n\n\n<p><strong>7) <span style=\"text-decoration: underline;\">Redeemable Preference Shares<\/span>:<\/strong>&nbsp;Shares that can be redeemed after certain fixed period of time are called redeemable preference shares. A company limited by shares if authorized by Articles of Association, issues redeemable preference shares. Such shares must be fully paid. These shares are redeemed out of divisible profit only or out of fresh issue of shares made for this purpose.<\/p>\n\n\n\n<p><strong>8) <span style=\"text-decoration: underline;\">Irredeemable Preference Shares<\/span>:<\/strong>&nbsp;Shares that are not redeemable i.e. payable only on winding up of the company are called irredeemable preference shares. As per Section 55(1) of the Companies Act 2013, a company cannot issue irredeemable preference shares.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">2) Explain the provisions of Companies Act, 2013 for issue of debentures.<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The following are some of the provisions of the Act which a company has to comply while issuing debentures:<\/p>\n\n\n\n<p><strong>1) <span style=\"text-decoration: underline;\">No voting rights<\/span><\/strong>: A company cannot issue debentures with voting rights. Debenture holders are creditors of the company and so they do not have any voting rights except in matters affecting them.<\/p>\n\n\n\n<p>2) <strong><span style=\"text-decoration: underline;\">Types of Debentures<\/span><\/strong>: A company can issue secured or unsecured debentures and fully or partly convertible debentures or non-convertible debentures. To issue convertible debentures, a Special Resolution has to be passed in the General Meeting. All debentures are redeemable in nature.<\/p>\n\n\n\n<p><strong>3) <span style=\"text-decoration: underline;\">Payment of interest and redemption<\/span><\/strong>: A company shall redeem the debentures and pay interest as per the terms and conditions of their issue.<\/p>\n\n\n\n<p><strong>4) <span style=\"text-decoration: underline;\">Debenture Certificate<\/span><\/strong>: Compan has to issue Debenture certificate to the debenture holders within 6 months of allotment of Debentures.<\/p>\n\n\n\n<p><strong>5) <span style=\"text-decoration: underline;\">Create Debenture Redemption Reserve<\/span><\/strong>: The company has to create a Debenture Redemption Reserve account out of profits of the company available for payment of dividend. This money can be used only for redemption of debentures. As per companies (Share Capital and Debentures) Amendment Rules 2019, MCA has removed Debenture Redemption Reserve requirement for Listed companies, NBFCs, and Housing Finance Companies.<\/p>\n\n\n\n<p><strong>6) <span style=\"text-decoration: underline;\">Appoint of Debenture Trustees<\/span><\/strong>: If the company issues a prospectus or invites more than 500 people, (either to Public or its Members) company has to appoint one or more Debenture Trustees. Debenture trustees protect the interest of the debenture holders. The company has to appoint trustees by entering into a contract with them called as Debenture Trust Deed.<\/p>\n\n\n\n<p><strong>7) <span style=\"text-decoration: underline;\">Debenture Trustees can approach NCLT<\/span><\/strong>: Debenture Trustees have to redress the grievances of debenture holders. If the company defaults in repaying the principal amount, on maturity or defaults in paying interest thereon, the Debenture Trustees can approach the National Company Law Tribunal for redressal. NCLT can direct a defaulting company to repay the principal amount or interest.<\/p>\n\n\n\n<p><strong>8) <span style=\"text-decoration: underline;\">Impose restrictions<\/span>:<\/strong> When the Debenture Trustee thinks that the assets of the company are insufficient or likely to become insufficient to redeem the principal amount of debentures, it may approach the NCLT.<\/p>\n\n\n\n<p><strong>9)<\/strong> <strong><span style=\"text-decoration: underline;\">Punishment for contravention of provisions of the Companies Act:<\/span><\/strong> If the company fails to comply with any provisions of the Act, then the company and its officers shall be liable to pay a fine or imprisonment or both as prescribed in the Act.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-july-2022\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-july-2022\/\">12th Commerce July 2022 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2021\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2021\/\">12th Commerce March 2021 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2022\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2022\/\">12th Commerce March 2022 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2023\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-2023\/\">12th Commerce March 2023 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-july-2023\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-question-paper-july-2023\/\">12th Commerce July 2023 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-commerce-question-paper-2024\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-commerce-question-paper-2024\/\">12th Commerce Feb 2024 Question Papers<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-commerce-question-paper-2025\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-commerce-question-paper-2025\/\">12th Commerce Feb 2025 Question Papers<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"Check_out_other_posts_related_to_the_12th_Commerce\"><\/span>Check out other posts related to the 12th Commerce<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.youtube.com\/@Scholarszilla\" data-type=\"link\" data-id=\"https:\/\/www.youtube.com\/@Scholarszilla\" target=\"_blank\" rel=\"noopener\">12th Commerce Video Lectures<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-notes\/\">Textbook Solutions of 12th Commerce (All Subjects)<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/ebalbharti-12th-books-pdf\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/ebalbharti-12th-books-pdf\/\"> Free PDF of 12th Commerce Textbooks <\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-it-online-exam\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-it-online-exam\/\">12th Commerce IT MCQ Preparation (Online Test)<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\"><\/a><a href=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/new-paper-pattern-of-12th-commerce\/\">12th Commerce Paper Pattern and Chapter-Wise Marks Distribution<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/sample-question-paper-for-12th-commerce\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/sample-question-paper-for-12th-commerce\/\">Sample Paper of 12th Commerce for Practice PDF<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-navneet-practice-papers-pdf\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/12th-commerce-navneet-practice-papers-pdf\/\">PDF of Solved Sample papers of 12th Commerce to improve Paper Presentation<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/hsc-previous-year-question-paper\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/hsc-previous-year-question-paper\/\">Old Question Papers of 12th Commerce with solution (All Subjects)<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-contrast-color has-text-color\"><span class=\"ez-toc-section\" id=\"Online_lectures_of_Class_12_Commerce\"><\/span>Online lectures of Class 12 Commerce<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\ud83d\udd17 Share our videos and channel with your friends, and help us grow this channel.<br>Learn the Chapters of Accounts from our playlist.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/rb.gy\/c9pmbq\" data-type=\"link\" data-id=\"https:\/\/rb.gy\/c9pmbq\" target=\"_blank\" rel=\"noopener\">Issue of Shares<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/rb.gy\/3f7zhl\" data-type=\"link\" data-id=\"https:\/\/rb.gy\/3f7zhl\" target=\"_blank\" rel=\"noopener\">Bills of Exchange<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/rb.gy\/v5flhj\" target=\"_blank\" rel=\"noopener\">Dissolution of Partnership Firm<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/rb.gy\/jpjgd8\" data-type=\"link\" data-id=\"https:\/\/rb.gy\/jpjgd8\" target=\"_blank\" rel=\"noopener\">NPO<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/rb.gy\/nhy2xy\" data-type=\"link\" data-id=\"https:\/\/rb.gy\/nhy2xy\" target=\"_blank\" rel=\"noopener\">Analysis of Financial Statement<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/rb.gy\/nhy2xy\" data-type=\"link\" data-id=\"https:\/\/rb.gy\/nhy2xy\" target=\"_blank\" rel=\"noopener\">Admission of Partner<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.youtube.com\/playlist?list=PLGiOLU46prNe6tQIJakepd3uGvatQyBUe\" data-type=\"link\" data-id=\"https:\/\/www.youtube.com\/playlist?list=PLGiOLU46prNe6tQIJakepd3uGvatQyBUe\" target=\"_blank\" rel=\"noopener\">Information Technology Lectures.<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":33207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[5614],"class_list":["post-31964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hsc-maharashtra-board","tag-hsc-sp-question-paper-2024-with-solution"],"_links":{"self":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/31964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/comments?post=31964"}],"version-history":[{"count":163,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/31964\/revisions"}],"predecessor-version":[{"id":41708,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/31964\/revisions\/41708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media\/33207"}],"wp:attachment":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media?parent=31964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/categories?post=31964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/tags?post=31964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}