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Maharashtra HSC Secretarial Practice Board Paper March 2024 with Answers

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

2024, March 180 minutes 80 marks Save WhatsApp

Sections

Q.1 (A) Select the correct answer (5 marks) 5 Q
Q.1 (B) Match the pairs (5 marks) 1 Q
Q.1 (C) Find the odd one (5 marks) 5 Q
Q.1 (D) Correct the underlined words (5 marks) 5 Q
Q.2 Explain the terms, any four (8 marks) 6 Q
Q.3 Case studies, any two (6 marks) 3 Q
Q.4 Distinguish between, any three (12 marks) 4 Q
Q.5 Answer in brief, any two (8 marks) 3 Q
Q.6 Justify the statements, any two (8 marks) 4 Q
Q.7 Letters, any two (10 marks) 3 Q
Q.8 Long answer, any one (8 marks) 2 Q

About this paper

This is the Maharashtra State Board (MSBSHSE) HSC (Class 12) Commerce Secretarial Practice (52) board paper of the February–March 2024 examination (Day 07). The paper code printed on the question paper is J-841. The questions are transcribed from the board’s own printed question paper, as published on the board’s official 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. Q.1 (20 marks) has four parts of 5 marks each: (A) select the correct answer, (B) match the pairs, (C) find the odd one and (D) correct the underlined words. Q.2: explain terms, any four of six (8 marks). Q.3: case studies, any two of three (6 marks). Q.4: distinguish between, any three of four (12 marks). Q.5: answer in brief, any two of three (8 marks). Q.6: justify the statements, any two of four (8 marks). Q.7: letters, any two of three (10 marks). Q.8: long answer, any one of two (8 marks).

How to use it

Attempt the paper in one 3-hour sitting, choosing questions as the paper allows, then compare your answers with the model answers. For letters, check the format: letterhead, reference number and date, inside address, subject, salutation, body, closing and signature of the Company Secretary.

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 (5 marks)

  1. Q.1 (A) (1) Finance is the management of _____ affairs of the company.

    1. (A) monetary
    2. (B) marketing
    3. (C) production
    1 mark See answer →

  2. Q.1 (A) (2) Company can accept deposits from public, minimum for _____ months.

    1. (A) nine
    2. (B) six
    3. (C) twelve
    1 mark See answer →

  3. Q.1 (A) (3) A company can issue _____ convertible debentures.

    1. (A) only partly
    2. (B) only fully
    3. (C) partly or fully
    1 mark See answer →

  4. Q.1 (A) (4) Debenture capital is a _____ capital of a company.

    1. (A) borrowed
    2. (B) owned
    3. (C) permanent
    1 mark See answer →

  5. Q.1 (A) (5) _____ is a return paid to creditors by the company.

    1. (A) Dividend
    2. (B) Interest
    3. (C) Rent
    1 mark See answer →

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

  1. Q.1 (B) Match the pairs :

    Group ‘A’Group ‘B’
    (a) Capital budgeting(1) Unsecured Debenture
    (b) Regret Letter(2) 1956
    (c) Board of Directors(3) Investment decision
    (d) Depository Act(4) Allotment of shares
    (e) Final Dividend(5) Decided and declared by Board of Directors
    (6) Financing decision
    (7) Decided by Board and declared by members
    (8) 1996
    (9) Power to issue debentures
    (10) Non-Allotment of shares
    5 marks See answer →

Q.1 (C) Find the odd one (5 marks)

  1. Q.1 (C) (1) Find the odd one : Debenture, Public Deposit, Retained earnings

    1 mark See answer →

  2. Q.1 (C) (2) Find the odd one : Bonus shares, Rights shares, Employees Stock Option Scheme (ESOS)

    1 mark See answer →

  3. Q.1 (C) (3) Find the odd one : Private company, Non-Eligible public company, Government company

    1 mark See answer →

  4. Q.1 (C) (4) Find the odd one : Depository, D.P., RBI

    1 mark See answer →

  5. Q.1 (C) (5) Find the odd one : Private Placement, Commercial Paper, Further Public Offer (FPO)

    1 mark See answer →

Q.1 (D) Correct the underlined words (5 marks)

  1. Q.1 (D) (1) Correct the underlined words and rewrite the sentence : Owned capital is temporary capital.

    1 mark See answer →

  2. Q.1 (D) (2) Correct the underlined words and rewrite the sentence : FPO refers to offering of shares to the public for the first time.

    1 mark See answer →

  3. Q.1 (D) (3) Correct the underlined words and rewrite the sentence : Dividend is recommended by shareholders.

    1 mark See answer →

  4. Q.1 (D) (4) Correct the underlined words and rewrite the sentence : Deposit is a long term source of capital.

    1 mark See answer →

  5. Q.1 (D) (5) Correct the underlined words and rewrite the sentence : A stock market is an important constituent of money market.

    1 mark See answer →

Q.2 Explain the terms, any four (8 marks)

  1. Q.2 (1) Explain the following term / concept : Fixed capital

    2 marks See answer →

  2. Q.2 (2) Explain the following term / concept : Borrowed capital

    2 marks See answer →

  3. Q.2 (3) Explain the following term / concept : Bonus shares

    2 marks See answer →

  4. Q.2 (4) Explain the following term / concept : Depository system

    2 marks See answer →

  5. Q.2 (5) Explain the following term / concept : Secondary market

    2 marks See answer →

  6. Q.2 (6) Explain the following term / concept : Stock Exchange

    2 marks See answer →

Q.3 Case studies, any two (6 marks)

  1. Q.3 (1) Violet Ltd. company plans to raise ₹10 crores by issuing debentures. The Board of Directors have some queries. Please advise them on the following :

    (a) Can they issue convertible debentures?
    (b) As the company is offering debentures to its members, can such debentures have normal voting rights?
    (c) Capital raised by issuing debentures will be Owned Capital or Borrowed Capital?

    3 marks See answer →

  2. Q.3 (2) Mr. Satish holds 100 shares of Raj Company Ltd. in physical mode and wishes to convert the same into electronic mode :

    (a) Mr. Satish holds a Savings Bank Account with SBI. Can he deposit his shares in 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. Satish after demating?

    3 marks See answer →

  3. Q.3 (3) GOLD Co. Ltd. declares a dividend of ₹10/- per share for F.Y. 2019-2020 :

    (a) Is company under default, if dividend was not paid within 30 days of its declaration?
    (b) Is company right in transferring the unpaid dividend to its Debenture Reserve Account?
    (c) Does the company have to transfer the amount of unpaid dividend to IEPF after 30 days?

    3 marks See answer →

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

  1. Q.4 (1) Distinguish between Fixed capital and Working capital.

    4 marks See answer →

  2. Q.4 (2) Distinguish between Rights shares and Bonus shares.

    4 marks See answer →

  3. Q.4 (3) Distinguish between Dematerialization and Rematerialization.

    4 marks See answer →

  4. Q.4 (4) Distinguish between Dividend and Interest.

    4 marks See answer →

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

  1. Q.5 (1) Explain Employee Stock Option Scheme.

    4 marks See answer →

  2. Q.5 (2) State any four terms and conditions regarding acceptance of deposits.

    4 marks See answer →

  3. Q.5 (3) Explain the features of Interim Dividend.

    4 marks See answer →

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

  1. Q.6 (1) Justify the following statement : Bond holder is creditor of the company.

    4 marks See answer →

  2. Q.6 (2) Justify the following statement : A company has to create charge on its assets for issuing secured debentures.

    4 marks See answer →

  3. Q.6 (3) Justify the following statement : Capital market is useful for corporate sector.

    4 marks See answer →

  4. Q.6 (4) Justify the following statement : Stock exchange works for the growth of the Indian Economy.

    4 marks See answer →

Q.7 Letters, any two (10 marks)

  1. Q.7 (1) Write a letter to the member for the payment of dividend through Dividend Warrant.

    5 marks See answer →

  2. Q.7 (2) Write a letter to the debenture holder regarding payment of interest electronically.

    5 marks See answer →

  3. Q.7 (3) Write a letter to depositor regarding renewal of his deposit.

    5 marks See answer →

Q.8 Long answer, any one (8 marks)

  1. Q.8 (1) What are Preference Shares? Explain its types in detail.

    8 marks See answer →

  2. Q.8 (2) Explain the provisions of Companies Act, 2013 for issue of debentures.

    8 marks See answer →