| SECTION II |
| Answer Question No. 6 which is compulsory and any two from the rest. |
| |
| 6. |
(a) |
Answer the following :
| (i) |
Abull is
| (A) | A speculator who expects price to fall |
| (B) | A speculator who expects price to rise |
| (C) | A speculator who invests in mutual fund. |
|
| (ii) |
Noise is a
| (A) | Style of communication |
| (B) | Barrier to Communication |
| (C) | Source of disturbance in meeting. |
|
| (iii) |
Liability clause is contained in
| (A) | Articles of Association |
| (B) | Prospectus |
| (C) | Memorandum of Association. |
|
| (iv) |
Listing in Stock Exchange is
| (A) | Mandatory |
| (B) | Optional |
| (C) | Desirable |
|
| (v) |
A “Class meeting” is a special meeting for
| (A) | Preference shareholders only |
| (B) | Equity shareholders only |
| (C) | Preference shareholders and/or equity shareholders. |
|
|
1x5 |
|
(b) |
State which of the following statements are “True” and which are “False”:
| (i) | Registered partnership enjoys perpetual existence. |
| (ii) | A debenture is a trusteeship document |
| (iii) | Earning of adequate profit is an economic objective of a business. |
| (iv) | Limited liability is the normal feature of a partnership firm. |
| (v) | Stock Exchange is the barometer of a company’s prospetity. |
|
1x5 |
|
(c) |
Define the following terms in not more than two sentences:
| (i) | Unlimited liability |
| (ii) | Proxy |
| (iii) | Encoding |
| (iv) | Called up capital |
| (v) | KRAT |
| (vi) | Bonus share |
|
1x6 |
| 7. |
Distinguish between
| (a) | Share and Debentures |
| (b) | Bulls and Bears |
|
9+8 |
| 8. |
What is Stock Exchange? Discuss its economic functions. |
7+10 |
| 9. |
Define communication. Discuss the steps involved for an effective communication system. |
4+5+4+4 |
| 10. |
Write short notes on:
| (a) | Statutory meeting |
| (b) | Articles of Association |
| (c) | Public utility services |
| (d) | Business environment. |
|
4+5+4+4 |
__________ |
