Question : A company may issue __________.

Option 1: Equity shares 

Option 2: Preference shares

Option 3: Equity and preference share

Option 4: None of the above

Question : Preference shares, in case the holders of these have the right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called _______.

Option 1: Cumulative preference share

Option 2: Non Cumulative preference shares 

Option 3: Convertible preference shares

Option 4: Non-convertible preference shares

Question : Preference shares, in case the holders of these have the right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called _______.

Option 1: Cumulative preference share

Option 2: Non Cumulative preference shares 

Option 3: Convertible preference shares

Option 4: Non-convertible preference shares

Question : Preference shares provide the right to:

Option 1: Vote in company meetings
   

Option 2: Receive a fixed dividend before equity shareholders
   

Option 3: Convert into equity shares

Option 4: None of the above

Question : Preference shares provide the right to:

Option 1: Vote in company meetings
   

Option 2: Receive a fixed dividend before equity shareholders
   

Option 3: Convert into equity shares

Option 4: None of the above