Business and Commerce

✅ The correct answer is D.
The surplus generated by co-operatives is distributed in the form of Dividend and bonus. A dividend is a payment made by a co-operatives to its members, usually as a distribution of profits. society divide bonus among its members in proportion to the volume of business done with the society by them.

✅ The correct answer is C.
Preference shares are those which carry preferential right in respect of both dividend and repayment of capital. Preference shares, more commonly referred to as preferred stock, are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued.

✅ The correct answer is D.
The preference shares which cannot be converted into equity shares are non-convertible preference shares.

✅ The correct answer is B.
Fully paid-up shares are called Stock. Fully paid shares are shares issued for which no more money is required to be paid to the company by shareholders on the value of the shares.

✅ The correct answer is B.
External oral communication is passed on with the help of Telephone mechanical device.

✅ The correct answer is A.
In case of dissolution of partnership, the business of the firm does not come to an end. Dissolution of partnership changes the mutual relations of the partners.

✅ The correct answer is B.
Standard typewriter which operates through electricity is electronic typewriter. Electrical typewriter designs removed the direct mechanical connection between the keys and the element that struck the paper.

✅ The correct answer is B.
Office location is an important consideration for setting up an office. Various factors should be considered while selecting the location for office. Nature of business, nearness, infrastructure, cost, law etc, are the main factors that affect selection of office location.

✅ The correct answer is A.
Redeemable Debentures are to be redeemed on the expiry of a certain period. Debenture can be redeemed in various ways by a company. It can pay a lump sum on the date of maturity or may pay in annual installments. A company can also purchase it from the open market or convert to an equity share in case of convertible debentures. Innovative ways like call or put option can also be utilized.

✅ The correct answer is A.
A written agreement signed by all partners is called Partnership Deed. Partnership deed should be duly signed by the partners, stamped & registered.