answer the following MCQS

no need of explanation

110.There is no limit to the amount of dividends that a company can pay to its ordinary shareholders out of its _______.

(0.5 Points)

a) Distributable Profits

b) Dividable dividends

c) None of above

d) All of above

111.In a winding up of the company, the ________ are not entitled to receive payment of any capital from the liquidation of its assets until all creditors have been paid and the nominal share capital of all preference shareholders has been repaid.

(0.5 Points)

a) Temporary Shareholder

b) Ordinary Shareholders

c) Permanent Shareholders

d) all of above

112.A single offering document allowing companies to make multiple offerings as disclosed in the offering document is known as

(0.5 Points)

a) Sale prospectus

b) Single Prospectus

c) Multiple Prospectus

d) Shelf-Prospectus

113.A supplement to the prospectus invites the general public for subscription of earlier offered security (ies). The supplement to the prospectus contains

(0.5 Points)

a) New prospectus

b) Self-prospectus

c) Updated Disclosures

d) None of the above

114.The prospectus is issued, published or circulated with the approval of

(0.5 Points)

a) The members

b) The board of directors

c) The Commission

d) The Auditors

115.The prospectus in its full text or in such abridged form, shall be published at least in

(0.5 Points)

a) One Urdu magazine

b) One Urdu or one English fortnight newspaper

c) One Urdu and one English magazine

d) One Urdu And One English Daily Newspaper

116.Prospectus issued shall be made available, free of charge

(0.5 Points)

a) At the registered office of the issuer

b) With all the bankers to the issue

c) With the concerned share registrar

d) All the Above

117.The prospectus along with the subscription form, from the date of its publication in the newspapers, till the closing of the subscription, shall also be uploaded

(0.5 Points)

a) On the website of the securities exchange

b) On the website of the SECP

c) On the website of the issuer

d) On the website of the concerned Bank

118.Prospectus means any document, notice, circular, material, publication or other invitation offering

(0.5 Points)

a) To the General Public

b) To the board of directors

c) Only to the existing shareholders

d) Only to the existing customers

119.Although approval from the Commission is required for issue, publication or circulation of prospectus, there are instance where prior approval is not necessary such instances include

(0.5 Points)

a) Securities offered by the State Bank of Pakistan

b) Where securities are offered in connection with a private offering

c) Where the securities are shares and are offered as bonus shares

d) All of the above