Question
No dividend shall be declared or paid by a company for
any financial year except________________Solution
‘Companies Act’ Section 123.Declaration of dividend: (1) No dividend shall be declared or paid by a company for any financial year except— (a) out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub-section (2), or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with the provisions of that sub-section and remaining undistributed, or out of both or; both.
Former
Select the INCORRECTLY spelt word.
Choose the word that means the same as the given word.
Quandary
In the following questions, choose the word opposite in meaning to the given word.
TARDYÂ
spiny-skinned invertebrates that are found on the ocean floor
A traditional story sometimes popularly regarded as historical but not authenticatedÂ
A) Subdue B) Loose C) Stimulate D) Careless
A devil's advocate would be:
Select the correct conclusion based on the meaning of the bold word:
Statement: After his father's death, he became a prodigal of his fortune.
Select the most appropriate antonym of the bold word.
Some of the back-benchers feel that ignorance is bliss
