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Maharashtra HSC Secretarial Practice Board Paper March 2025 with Answers

Written board papers. Physics and Chemistry: 70 marks, 3 hours. Mathematics & Statistics: 80 marks, 3 hours.

2025, March 180 minutes 80 marks Save WhatsApp

Sections

Q.1 (A) Select the correct answer and rewrite the sentences (5 marks) 5 questions
Q.1 (B) Correct the underlined words and rewrite the sentences (5 marks) 5 questions
Q.1 (C) Match the pairs (5 marks) 5 questions
Q.1 (D) State whether the following statements are True or False (5 marks) 5 questions
Q.2 Explain the following terms / concepts, attempt any four (8 marks) 6 questions
Q.3 Study the following cases / situations and express your opinion, attempt any two (6 marks) 3 questions
Q.4 Distinguish between the following, attempt any three (12 marks) 4 questions
Q.5 Answer in brief, attempt any two (8 marks) 3 questions
Q.6 Justify the following statements, attempt any two (8 marks) 4 questions
Q.7 Attempt the following, any two (10 marks) 3 questions
Q.8 Answer the following questions, attempt any one (8 marks) 2 questions

About this paper

This is the Maharashtra State Board (MSBSHSE) HSC (Class 12) Commerce Secretarial Practice (52) board paper of the February–March 2025 examination (Day 07). The paper code printed on the question paper is J-291. The questions are transcribed from the board’s own printed question paper as published on its website. The answers are original answers written by Doubtly, not the board’s official model answers.

Paper pattern

Maximum marks 80, time 3 hours, eight questions, all compulsory (with internal choice). Q.1 (20 marks) has four parts of 5 marks each: (A) select the correct answer, (B) correct the underlined words, (C) match the pairs and (D) true or false. Q.2: explain any four terms (8 marks). Q.3: any two case studies (6 marks). Q.4: distinguish between, any three (12 marks). Q.5: answer in brief, any two (8 marks). Q.6: justify the statements, any two (8 marks). Q.7: any two letters (10 marks). Q.8: any one long answer (8 marks). Each question must be started on a new page.

How to use it

Attempt the paper in one 3-hour sitting, choosing questions the way the board allows. Then compare with the answers: for distinguish questions give at least four clear points in a table, for case studies give a clear yes/no with the reason, and for letters follow the complete format (letterhead, reference number, date, inside address, subject, salutation, body, complimentary close and signature).

FAQs

Is this the official board paper?

Yes, the questions are from the board’s March 2025 Secretarial Practice paper (J-291). The answers are Doubtly’s own; the board does not publish a full answer key.

Are names in the letters fixed?

No. The company, addresses and figures in the specimen letters are imaginary; you may use any suitable details in the exam.

Chapters covered

Instructions

Solve on paper with a timer, then check against the solutions. Sections: A (MCQ and very short answers), B (short answers, attempt any 8 of 12), C (attempt any 8 of 12), D (long answers with choice).

Q.1 (A) Select the correct answer and rewrite the sentences (5 marks)

  1. Q.1 (A) (1) The holder of bond is _____ of the company.

    1. (A) secretary
    2. (B) owner
    3. (C) creditor
    1 mark See answer →

  2. Q.1 (A) (2) Company has to appoint _____ to protect the interest of depositors.

    1. (A) Debenture trustees
    2. (B) Deposit trustees
    3. (C) Credit Rating Agency
    1 mark See answer →

  3. Q.1 (A) (3) The rate of interest payable on debenture is _____.

    1. (A) fixed
    2. (B) floating
    3. (C) uncertain
    1 mark See answer →

  4. Q.1 (A) (4) Demat shares are_____ .

    1. (A) non-transferable
    2. (B) fungible
    3. (C) bearer
    1 mark See answer →

  5. Q.1 (A) (5) Central government is a borrower in the money market through the issue of _______.

    1. (A) commercial papers
    2. (B) trade bills
    3. (C) treasury bills
    1 mark See answer →

Q.1 (B) Correct the underlined words and rewrite the sentences (5 marks)

  1. Q.1 (B) (1) Depository Receipt traded in USA is called as Global Depository Receipt.

    1 mark See answer →

  2. Q.1 (B) (2) FPO refers to offering of shares to the public for the first time.

    1 mark See answer →

  3. Q.1 (B) (3) Bonus shares are issued as a free gift to the Preference Shareholders.

    1 mark See answer →

  4. Q.1 (B) (4) Dividend is an obligation to be paid by a company every year.

    1 mark See answer →

  5. Q.1 (B) (5) A stock market is an important constituent of money market.

    1 mark See answer →

Q.1 (C) Match the pairs (5 marks)

  1. Q.1 (C) (a) Match from Group ‘B’: Financial Market
    Group ‘B’: (1) Secured debentures; (2) 1996; (3) Mix up of various sources of funds; (4) Trading of financial securities; (5) Risk capital; (6) Unsecured debentures; (7) Trading of commodities; (8) Safe capital; (9) Product mix; (10) 1956

    1 mark See answer →

  2. Q.1 (C) (b) Match from Group ‘B’: Equity Share Capital
    Group ‘B’: (1) Secured debentures; (2) 1996; (3) Mix up of various sources of funds; (4) Trading of financial securities; (5) Risk capital; (6) Unsecured debentures; (7) Trading of commodities; (8) Safe capital; (9) Product mix; (10) 1956

    1 mark See answer →

  3. Q.1 (C) (c) Match from Group ‘B’: Charge on Assets
    Group ‘B’: (1) Secured debentures; (2) 1996; (3) Mix up of various sources of funds; (4) Trading of financial securities; (5) Risk capital; (6) Unsecured debentures; (7) Trading of commodities; (8) Safe capital; (9) Product mix; (10) 1956

    1 mark See answer →

  4. Q.1 (C) (d) Match from Group ‘B’: Depository Act
    Group ‘B’: (1) Secured debentures; (2) 1996; (3) Mix up of various sources of funds; (4) Trading of financial securities; (5) Risk capital; (6) Unsecured debentures; (7) Trading of commodities; (8) Safe capital; (9) Product mix; (10) 1956

    1 mark See answer →

  5. Q.1 (C) (e) Match from Group ‘B’: Capital Structure
    Group ‘B’: (1) Secured debentures; (2) 1996; (3) Mix up of various sources of funds; (4) Trading of financial securities; (5) Risk capital; (6) Unsecured debentures; (7) Trading of commodities; (8) Safe capital; (9) Product mix; (10) 1956

    1 mark See answer →

Q.1 (D) State whether the following statements are True or False (5 marks)

  1. Q.1 (D) (1) Dividend once declared cannot be revoked.

    1 mark See answer →

  2. Q.1 (D) (2) Authorized capital is mentioned in capital clause of Memorandum of Association.

    1 mark See answer →

  3. Q.1 (D) (3) Fixed capital is also referred as circulating capital.

    1 mark See answer →

  4. Q.1 (D) (4) Depositors are given voting rights.

    1 mark See answer →

  5. Q.1 (D) (5) Bombay Stock Exchange (BSE) is the oldest stock exchange in India.

    1 mark See answer →

Q.2 Explain the following terms / concepts, attempt any four (8 marks)

  1. Q.2 (1) Fixed capital

    2 marks See answer →

  2. Q.2 (2) Overdraft

    2 marks See answer →

  3. Q.2 (3) Debenture certificate

    2 marks See answer →

  4. Q.2 (4) Secured Deposit

    2 marks See answer →

  5. Q.2 (5) Rematerialization

    2 marks See answer →

  6. Q.2 (6) Bull

    2 marks See answer →

Q.3 Study the following cases / situations and express your opinion, attempt any two (6 marks)

  1. Q.3 (1) STAR Company Ltd. has recently come out with its public offer through FPO. Their issue was oversubscribed. The Board of Directors now wants to start the allotment process. Please advise the Board on:
    (a) Should the company set up allotment committee?
    (b) How should the company inform the applicants to whom the company is alloting shares?
    (c) Within what period should the company issue share certificate?

    3 marks See answer →

  2. Q.3 (2) Mr. Z holds 50 shares of Peculiar Company Ltd. in physical mode and wishes to convert the same into electronic mode.
    (a) Mr. Z holds a Saving Bank Account with CFDH Bank Ltd. Can he deposit his shares into this account for demat?
    (b) What type of account is needed for the same?
    (c) Is it the RBI which will be the custodian of shares of Mr. Z after demating?

    3 marks See answer →

  3. Q.3 (3) XYZ Company Ltd. decides to declare dividend for the financial year 2021-22 in which it has earned profits less than their expectations.
    (a) Is Board right in recommending a dividend of ₹ 5/- per share out of free reserves?
    (b) Can Board declare the dividend though it is not approved by Annual General Meeting?
    (c) Can the Board give dividend in the form of gifts?

    3 marks See answer →

Q.4 Distinguish between the following, attempt any three (12 marks)

  1. Q.4 (1) Shares and Debentures

    4 marks See answer →

  2. Q.4 (2) Transfer of shares and Transmission of shares

    4 marks See answer →

  3. Q.4 (3) Final Dividend and Interim Dividend

    4 marks See answer →

  4. Q.4 (4) Primary Market and Secondary Market

    4 marks See answer →

Q.5 Answer in brief, attempt any two (8 marks)

  1. Q.5 (1) State the provisions relating to Bonus Shares.

    4 marks See answer →

  2. Q.5 (2) Explain the features of Interest.

    4 marks See answer →

  3. Q.5 (3) Explain any four features of Stock Exchange.

    4 marks See answer →

Q.6 Justify the following statements, attempt any two (8 marks)

  1. Q.6 (1) The firm has multiple choices of sources of financing.

    4 marks See answer →

  2. Q.6 (2) A company can issue only certain types of debentures.

    4 marks See answer →

  3. Q.6 (3) Company has to fulfill certain provisions relating to issue of circular or advertisement.

    4 marks See answer →

  4. Q.6 (4) ISIN is a necessary component of Demat.

    4 marks See answer →

Q.7 Attempt the following, any two (10 marks)

  1. Q.7 (1) Write a letter to depositor regarding renewal of his deposit.

    5 marks See answer →

  2. Q.7 (2) Write a letter to the debenture holder informing him/her about conversion of debentures into equity shares.

    5 marks See answer →

  3. Q.7 (3) Write a letter to the member for the payment of dividend through dividend warrant.

    5 marks See answer →

Q.8 Answer the following questions, attempt any one (8 marks)

  1. Q.8 (1) What are Preference Shares? Explain the different types of Preference Shares.

    8 marks See answer →

  2. Q.8 (2) Explain the procedure for allotment of shares.

    8 marks See answer →