Multiple Choice Questions on is the dividend recommended by BODs and dividend is declared by the shareholders at AGM ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

is the dividend recommended by BODs and dividend is declared by the shareholders at AGM ........

Companies Act-Phase (I & II) Paymentofdividends
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    1. ___________________is the dividend recommended by BODs and __________dividend is declared by the shareholders at AGM

    Proposed dividend, Final dividend

    Correct Answer

    Interim dividend, Final dividend

    Incorrect Answer

    Interim dividend,Proposed dividend

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:

    The Dividend recommended by the BODs of the company in Board meeting is known as proposed dividend and on declaration by the shareholders in AGM it is known as final dividend.

    By: Vikas Goyal
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