Question

Which of the following is NOT correct about Equity and Preference share?

A Dividend for preference shares is generally cumulative
B Equity shareholder enjoys higher preferential rights in matters of payment of dividend
C Preference shareholders enjoy higher preferential rights in matters of repayment of capital
D All are incorrect
E All of the above are correct
Practice Next

More Commercial Laws Questions

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)