Question : Preference shareholders have ____________.

Option 1: Preference right as to dividend only 

Option 2: Preferential right in the management

Option 3: Preferential right as to repayment of capital at the time of liquidation of the company 

Option 4: Preferential right as to dividend and repayment of capital at the time of liquidation of the company

Question : Preference shareholders have ____________.

Option 1: Preference right as to dividend only 

Option 2: Preferential right in the management

Option 3: Preferential right as to repayment of capital at the time of liquidation of the company 

Option 4: Preferential right as to dividend and repayment of capital at the time of liquidation of the company

Question : To whom dividend is given at a fixed rate in the company?

Option 1: To equity shareholders 

Option 2: To preference share holders

Option 3: To debenture holders 

Option 4: To promoters 

Question : To whom dividend is given at a fixed rate in the company?

Option 1: To equity shareholders 

Option 2: To preference share holders

Option 3: To debenture holders 

Option 4: To promoters 

Question : What does the term "cumulative" mean in relation to preference shares?

Option 1: The right to vote in company meetings
  

Option 2: The obligation of the company to pay accumulated dividends
  

Option 3: The option for shareholders to convert preference shares into equity shares

Option 4: The requirement to pay a fixed dividend on preference shares

Question : What does the term "cumulative" mean in relation to preference shares?

Option 1: The right to vote in company meetings
  

Option 2: The obligation of the company to pay accumulated dividends
  

Option 3: The option for shareholders to convert preference shares into equity shares

Option 4: The requirement to pay a fixed dividend on preference shares