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Maharashtra Board
Question Paper
2025
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SSC | HSC
QUESTION PAPER
Presented By
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DAY — 07 SEAT NUMBER
2025 II 18 1100 (E)
J-291
SECRETARIAL PRACTICE (52)
Time : 3 Hrs. ( 7 Pages ) Max. Marks : 80
Notes : (1) All questions are compulsory.
(2) Figures to the right indicate full marks for the questions.
(3) Figures to the left indicate question numbers.
(4) Answer to every question must be started on a new page.
Q. 1. (A) Select the correct answer from the options given below [20]
and rewrite the sentences : (5)
(1) The holder of bond is _____ of the company.
(a) secretary
(b) owner
(c) creditor
(2) Company has to appoint _____ to protect the interest
of depositors.
(a) Debenture trustees
(b) Deposit trustees
(c) Credit Rating Agency
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(3) The rate of interest payable on debenture is _____.
(a) fixed
(b) floating
(c) uncertain
(4) Demat shares are_____ .
(a) non-transferable
(b) fungible
(c) bearer
(5) Central government is a borrower in the money
market through the issue of _______.
(a) commercial papers
(b) trade bills
(c) treasury bills
(B) Correct the underlined words and rewrite the following
sentences : (5)
(1) Depository Receipt traded in USA is called as Global
Depository Receipt.
(2) FPO refers to offering of shares to the public for the
first time.
(3) Bonus shares are issued as a free gift to the Preference
Shareholders.
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(4) Dividend is an obligation to be paid by a company
every year.
(5) A stock market is an important constituent of money
market.
(C) Match the pairs : (5)
Group ‘A’ Group ‘B’
(a) Financial Market (1) Secured debentures
(b) Equity Share Capital (2) 1996
(c) Charge on Assets (3) Mix up of various
sources of funds
(d) Depository Act (4) Trading of financial
securities
(e) Capital Structure (5) Risk capital
(6) Unsecured debentures
(7) Trading of commodities
(8) Safe capital
(9) Product mix
(10) 1956
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(D) State whether the following statements are True or False : (5)
(1) Dividend once declared cannot be revoked.
(2) Authorized capital is mentioned in capital clause of
Memorandum of Association.
(3) Fixed capital is also referred as circulating capital.
(4) Depositors are given voting rights.
(5) Bombay Stock Exchange (BSE) is the oldest stock
exchange in India.
Q. 2. Explain the following terms / concepts (Any FOUR) : [8]
(1) Fixed capital
(2) Overdraft
(3) Debenture certificate
(4) Secured Deposit
(5) Rematerialization
(6) Bull
Q. 3. Study the following cases / situations and express your [6]
opinion (Any TWO) :
(1) STAR Company Ltd. has recently come out with its public
offer through FPO.
Their issue was oversubscribed. The Board of Directors now
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wants to start the allotment process. Please advise the
Board on:
(a) Should the company set up allotment committee?
(b) How should the company inform the applicants to
whom the company is alloting shares?
(c) Within what period should the company issue share
certificate?
(2) Mr. Z holds 50 shares of Peculiar Company Ltd. in physical
mode and wishes to convert the same into electronic mode.
(a) Mr. Z holds a Saving Bank Account with CFDH Bank
Ltd. Can he deposit his shares into this account for
demat?
(b) What type of account is needed for the same?
(c) Is it the RBI which will be the custodian of shares of
Mr. Z after demating?
(3) XYZ Company Ltd. decides to declare dividend for the
financial year 2021-22 in which it has earned profits less
than their expectations.
(a) Is Board right in recommending a dividend of ` 5/-
per share out of free reserves?
(b) Can Board declare the dividend though it is not
approved by Annual General Meeting?
(c) Can the Board give dividend in the form of gifts?
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Q. 4. Distinguish between the following (Any THREE) : [12]
(1) Shares and Debentures
(2) Transfer of shares and Transmission of shares
(3) Final Dividend and Interim Dividend
(4) Primary Market and Secondary Market
Q. 5. Answer in brief (Any TWO) : [8]
(1) State the provisions relating to Bonus Shares.
(2) Explain the features of Interest.
(3) Explain any four features of Stock Exchange.
Q. 6. Justify the following statements (Any TWO) : [8]
(1) The firm has multiple choices of sources of financing.
(2) A company can issue only certain types of debentures.
(3) Company has to fulfill certain provisions relating to issue
of circular or advertisement.
(4) ISIN is a necessary component of Demat.
Q. 7. Attempt the following (Any TWO) : [10]
(1) Write a letter to depositor regarding renewal of his deposit.
(2) Write a letter to the debenture holder informing him/her
about conversion of debentures into equity shares.
(3) Write a letter to the member for the payment of dividend
through dividend warrant.
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Q. 8. Answer the following questions (Any ONE) : [8]
(1) What are Preference Shares? Explain the different types
of Preference Shares.
(2) Explain the procedure for allotment of shares.
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DAY — 07 SEAT NUMBER
2025 II 18 1100 (M)
J-292
SECRETARIAL PRACTICE (52)
Time : 3 Hrs. ( 7 Pages ) Max. Marks : 80
‚ÍøŸÊ — (1) ‚fl¸ ¬˝‡Ÿ ‚Ê«UÁfláÊ •ÁŸflÊÿ¸ •Ê„U.
(2) ©U¡flË∑§«UË‹ •¥∑§ ¬˝‡ŸÊ¥ø ¬Íáʸ ªÈáÊ Œ‡Ê¸ÁflÃÊÃ.
(3) «UÊflË∑§«UË‹ •¥∑§ ¬˝‡ŸÊ¥ø ∑˝§◊Ê¥∑§ Œ‡Ê¸ÁflÃÊÃ.
(4) ¬˝àÿ∑§ ¬˝‡ŸÊëÿÊ ©UàÃ⁄UÊøÊ ¬˝Ê⁄¢U÷ ŸflËŸ ¬ÊŸÊfl⁄U ∑§⁄UÊflÊ.
¬˝. 1. (•) πÊ‹Ë ÁŒ‹ÀÿÊ ¬ÿʸÿÊ¥◊äÊÍŸ ÿÊÇÿ ¬ÿʸÿ ÁŸfl«ÍUŸ flÊÄÿ ¬Èã„UÊ Á‹„UÊ — (5) [20]
(1) ’¥äʬòÊäÊÊ⁄U∑§ „UÊ ‚¥SÕøÊ -------- •‚ÃÊ.
(•) ‚Áøfl
(’) ◊Ê‹∑§
(∑§) äÊŸ∑§Ê
(2) ∆UflËŒÊ⁄UÊ¥ëÿÊ Á„UÃÊø ‚¥⁄UˇÊáÊ ∑§⁄UáÿÊ‚Ê∆UË ∑¥§¬ŸË‹Ê --------
ÁŸÿÈÄÃË ∑§⁄UÊflË ‹ÊªÃ.
(•) ∑§¡¸⁄UÊπ Áfl‡flSÃÊ¥øË
(’) ∆Ufl Áfl‡flSÃÊ¥øË
(∑§) ¬Ã ◊ÊŸÊ¥∑§Ÿ ‚¥SÕÊ¥øË
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(3) ∑§¡¸⁄UÊÅÿÊfl⁄U ÁŒÀÿÊ ¡ÊáÊÊ:ÿÊ √ÿÊ¡ÊøÊ Œ⁄U ------ •‚ÃÊ.
(•) ÁSÕ⁄U
(’) ’Œ‹ÃÊ
(∑§) •ÁŸÁ‡øÃ
(4) Á«U◊Ú≈U ∑§‹‹ ÷ʪ ----- •‚ÃÊÃ.
(•) •„USÃÊ¥Ã⁄UáÊËÿ
(’) »¥§ªË’‹
(∑§) flÊ„U∑§
(5) ∑¥§Œ˝ ‚⁄U∑§Ê⁄U ŸÊáÊ ’Ê¡Ê⁄UÊà --------- ø flÊ≈U¬ ∑§M§Ÿ ∑§¡Ê¸™§
⁄UÄ∑§◊ ©U÷Ê⁄UÃ.
(•) √ÿʬÊ⁄UË ¬Ã¬òÊ
(’) √ÿʬÊ⁄UË Áfl¬òÊ
(∑§) ⁄UÊ¡∑§Ê· ¬òÊ
(’) πʋˋ flÊÄÿÊÃË‹ •äÊÊ⁄‘UÁπà ‡ÊéŒ ŒÈL§Sà ∑§M§Ÿ flÊÄÿ ¬Èã„UÊ Á‹„UÊ — (5)
(1) •◊Á⁄U∑§Ã Áfl∑˝§Ë „UÊáÊÊ:ÿÊ ∆Ufl ¬ÊflÃË‚ ¡ÊªÁÃ∑§ ∆Ufl ¬ÊflÃË
•‚ ê„UáÊÃÊÃ.
(2) ∞»§.¬Ë.•Ê. ê„UáÊ¡ ¡ŸÃ‹Ê ¬Á„UÀÿÊ¥ŒÊ ÷ʪʥøË ‚Êfl¸¡ÁŸ∑§
Áfl∑˝§Ë ∑§⁄UáÊ.
(3) ’ÊŸ‚ ÷ʪ •ª˝„UÄ∑§ ÷ʪäÊÊ⁄U∑§Ê¥ŸÊ ◊Ê»§Ã ÷≈U ê„UáÊÍŸ ÁŒ‹ ¡ÊÃÊÃ.
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(4) ‹Ê÷Ê¥‡Ê Œ⁄Ufl·Ë¸ ŒáÊ ∑¥§¬ŸËfl⁄U ’¥äÊŸ∑§Ê⁄U∑§ •Ê„U.
(5) ÷ʪ ’Ê¡Ê⁄U „UÊ ŸÊáÊ ’Ê¡Ê⁄UÊøÊ ∞∑§ ◊„UààflÊøÊ ÉÊ≈U∑§ •Ê„U.
(’) ¡Ê«UKÊ ¡È›flÊ — (5)
“•” ª≈U “’” ª≈U
(•) ÁflàÃËÿ ’Ê¡Ê⁄U (1) ‚È⁄UÁˇÊà ∑§¡¸⁄UÊπ
(’) ‚◊„UÄ∑§ ÷ʪ÷Ê¥«Ufl‹ (2) 1996
(∑§) ◊Ê‹◊àÃfl⁄U ’Ê¡Ê (3) ÁflÁfläÊ Áflàà SòÊÊÃÊ¥ø
(«UU) ÷ʪ¬…UË ∑§ÊÿŒÊ Á◊üÊáÊ
(ßU) ÷Ê¥«Ufl‹ ‚¥⁄UøŸÊ (4) ÁflàÃËÿ ¬˝ÁÃèÊÍÃË¥øÊ
√ÿʬÊ⁄U
(5) ¡Êπ◊Ëø ÷Ê¥«Ufl‹
(6) •‚È⁄UÁˇÊà ∑§¡¸⁄UÊπ
(7) flSÃÍ¥øÊ √ÿʬÊ⁄U
(8) ‚È⁄UÁˇÊà ÷Ê¥«Ufl‹
(9) flSÃÍ¥ø Á◊üÊáÊ
(10) 1956
(«U) πʋˋ ÁfläÊÊŸ “’⁄UÊ’⁄U” ∑§Ë “øÍ∑§” à Á‹„UÊ — (5)
(1) ∞∑§ŒÊ ¡Ê„UË⁄U ∑§‹‹Ê ‹Ê÷Ê¥‡Ê ⁄UŒ˜Œ ∑§⁄UÃÊ ÿà ŸÊ„UË.
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(2) ∑¥§¬ŸËëÿÊ ÉÊ≈UŸÊ¬òÊ∑§ÊÃË‹ ÷Ê¥«Ufl‹ ∑§‹◊Ê◊äÿ •ÁäÊ∑ΧÃ
÷Ê¥«Ufl‹ÊøÊ ©UÀ‹π •‚ÃÊ.
(3) ÁSÕ⁄U ÷Ê¥«Ufl‹Ê‹Ê “•Á÷‚⁄UáÊ ÷Ê¥«Ufl‹” •‚„UË ê„UáÊÃÊÃ.
(4U) ∆UflËŒÊ⁄UÊ¥ŸÊ ◊ÃŒÊŸÊø „UÄ∑§ ÁŒ‹ ¡ÊÃÊÃ.
(5) ◊È¥’߸U ÷ʪ ’Ê¡Ê⁄U (BSE) „UÊ ÷Ê⁄UÃÊÃË‹ ‚flʸà ¡ÈŸÊ ÷ʪ
’Ê¡Ê⁄U •Ê„U.
¬˝. 2. πʋˋ ‚¥ôÊÊ / ‚¥∑§À¬ŸÊ S¬c≈U ∑§⁄UÊ (∑§ÊáÊàÿÊ„UË øÊ⁄U) — [8]
(1) ÁSÕ⁄U ÷Ê¥«Ufl‹
(2) •ÁäÊÁfl∑§·¸
(3) ∑§¡¸⁄UÊπ ¬˝◊ÊáʬòÊ
(4) ‚È⁄UÁˇÊà ∆UflË
(5) Á⁄U◊≈UÁ⁄Uÿ‹Êÿ¤Ê‡ÊŸ
(6) áËflÊ‹Ê (Bull)
¬˝. 3. πʋˋ ÉÊ≈UŸÊ / ¬Á⁄UÁSÕÃËøÊ •èÿÊ‚ ∑§M§Ÿ •ʬ‹ ◊à Á‹„UÊ [6]
(∑§ÊáÊàÿÊ„UË ŒÊŸ) —
(1) S≈UÊ⁄U ∑¥§¬ŸË Á‹Á◊≈U«U Ÿ •Á‹∑§«Uø ∞»§.¬Ë.•Ê. Œ˜flÊ⁄UÊ ¡ŸÃ‹Ê ÷ʪʥøË
Áfl∑˝§Ë ∑§‹Ë •Ê„U. ◊ʪáÊË ∑§‹ÀÿÊ ÷ʪʥ¬ˇÊÊ ¡ÊSà ÷ʪʥ‚Ê∆UË ◊ʪáÊË
•Ê‹Ë •Ê„U. ‚¥øÊ‹∑§ ◊¥«U› ÷ʪ flÊ≈U¬ ¬˝Á∑˝§ÿÊ ‚ÈM§ ∑§M§ ßUÁë¿Uà •Ê„U.
∑Χ¬ÿÊ ‚¥øÊ‹∑§ ◊¥«U›Ê‹Ê ‚À‹Ê ŒKÊ —
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(•) ∑¥§¬ŸËŸ ÷ʪ flÊ≈U¬ ‚Á◊ÃË ÁŸÿÈÄà ∑§⁄UÊflË ∑§Ê?
(’) íÿÊ ÷ʪ •¡¸ŒÊ⁄UÊ¥ŸÊ ÷ʪʥø flÊ≈U¬ ¤ÊÊ‹ / ∑§‹ •Ê„U àÿÊ¥ŸÊ ∑¥§¬ŸËŸ
∑§‚ ∑§›flÊfl?
(∑§) Á∑§ÃË ∑§Ê‹ÊfläÊËà ∑¥§¬ŸËŸ ÷ʪ ¬˝◊ÊáʬòÊ ŒKÊfl?
(2) üÊË ¤Ê«U ÿÊ¥ŸË ¬ÄÿÈ‹⁄U ∑¥§¬ŸË Á‹Á◊≈U«U ø 50 ÷ʪ ÷ÊÒÁÃ∑§ SflM§¬Êà äÊÊ⁄UáÊ
∑§‹ •‚ÍŸ à ßU‹Ä≈˛UÊÚÁŸ∑§ SflM§¬Êà ∑§⁄UáÿÊøË àÿÊ¥øË ßUë¿UÊ •Ê„U.
(•) üÊË ¤Ê«U ÿÊ¥ø ‚Ë.∞»§.«UË.∞ø. ’°∑§ Á‹Á◊≈U«U ◊äÿ ’øÃ πÊà •Ê„U
ÿÊ πÊàÿÊà Á«U◊Ú≈U‚Ê∆UË àÿÊ¥ø ÷ʪ ¡◊Ê ∑§‹ ¡Ê™§ ‡Ê∑§ÃÊà ∑§Ê?
(’) àÿÊ‚Ê∆UË ∑§ÊáÊàÿÊ ¬˝∑§Ê⁄Uø πÊà •Êfl‡ÿ∑§ •Ê„U?
(∑§) Á«U◊Ú≈U Ÿ¥Ã⁄U üÊË ¤Ê«U ÿÊ¥ëÿÊ ‚◊÷ʪʥø ¬Á⁄U⁄UˇÊ∑§ (custodian)
•Ê⁄U.’Ë.•Êÿ. •‚‹ ∑§Ê?
(3) XYZ ∑¥§¬ŸË Á‹Á◊≈U«U 2021-22 fl·Ê¸‚Ê∆UË ‹Ê÷Ê¥‡Ê ¡Ê„UË⁄U ∑§⁄UáÿÊø
ÁŸÁ‡øÃ ∑§‹. àÿÊfl·Ë¸ ∑¥§¬ŸË‹Ê •¬ˇÊ ¬ˇÊÊ ∑§◊Ë Ÿ»§Ê ¤ÊÊ‹Ê •Ê„.
(•) ‚¥øÊ‹∑§ ◊¥«U› ◊ÈÄà ⁄UÊπËfl ÁŸäÊËÃÍŸ L§. 5/- ¬˝ÁÃ÷ʪ Œ⁄UÊŸ
‹Ê÷Ê¥‡ÊÊøË Á‡Ê»§Ê⁄U‚ ∑§M§ ‡Ê∑§Ã ∑§Ê?
(’) flÊÁ·¸∑§ ‚fl¸‚ÊäÊÊ⁄UáÊ ‚÷ëÿÊ ‚¥◊ÃËÁ‡ÊflÊÿ ‚¥øÊ‹∑§ ◊¥«U› ‹Ê÷Ê¥‡Ê
¡Ê„UË⁄U ∑§M§ ‡Ê∑§Ã ∑§Ê?
(∑§) ‚¥øÊ‹∑§ ◊¥«U› ÷≈UËëÿÊ SflM§¬Êà ‹Ê÷Ê¥‡Ê Œ™§ ‡Ê∑§Ã ∑§Ê?
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¬˝. 4. πʋˋ ◊äÿ »§⁄U∑§ S¬c≈U ∑§⁄UÊ (∑§ÊáÊÄUË ÃËŸ) — [12]
(1) ÷ʪ •ÊÁáÊ ∑§¡¸⁄UÊπ
(2) ÷ʪʥø „USÃÊ¥Ã⁄UáÊ •ÊÁáÊ ÷ʪʥø ‚¥∑˝§◊áÊ
(3) •¥ÁÃ◊ ‹Ê÷Ê¥‡Ê •ÊÁáÊ •¥ÃÁ⁄U◊ ‹Ê÷Ê¥‡Ê
(4) ¬˝ÊÕÁ◊∑§ ’Ê¡Ê⁄U •ÊÁáÊ ŒÈƒÿ◊ ’Ê¡Ê⁄U
¬˝. 5. πʋˋ ¬˝‡ŸÊ¥øË ÕÊ«UÄÿÊà ©UàÃ⁄‘U Á‹„UÊ (∑§ÊáÊÄUË ŒÊŸ) — [8]
(1) ’ÊŸ‚ ÷ʪʥ‚¥’¥äÊË Ã⁄UÃÈŒË Áfl‡ÊŒ ∑§⁄UÊ.
(2) √ÿÊ¡ÊøË flÒÁ‡Êc≈UK S¬c≈U ∑§⁄UÊ.
(3) ÷ʪ ’Ê¡Ê⁄UÊøË ∑§ÊáÊÃË„UË øÊ⁄U flÒÁ‡Êc≈UK S¬c≈U ∑§⁄UÊ.
¬˝. 6. πʋˋ ÁfläÊÊŸ ‚∑§Ê⁄UáÊ S¬c≈U ∑§⁄UÊ (∑§ÊáÊÄUË ŒÊŸ) — [8]
(1) √ÿÊfl‚ÊÁÿ∑§ ‚¥SÕ∑§«U Áflàà ¬È⁄Ufl∆UÊ ∑§⁄UáÊÊ:ÿÊ SòÊÊÃÊ¥ø ÁflÁfläÊ ¬ÿʸÿ
©U¬‹éäÊ •‚ÃÊÃ.
(2) ∑¥§¬ŸË »§Äà ÁflÁ‡Êc≈U ¬˝∑§Ê⁄UëÿÊ ∑§¡¸⁄UÊÅÿÊ¥øË Áfl∑˝§Ë ∑§M§ ‡Ê∑§Ã.
(3) ∑¥§¬ŸË‹Ê ∆UflË’Ê’Ã ¬Á⁄U¬òÊ∑§ Á∑¥§flÊ ¡ÊÁ„U⁄UÊà ¬˝Á‚Œ˜äÊ ∑§⁄UÃÊ¥ŸÊ ∑§ÊÿŒ‡ÊË⁄U
Ã⁄UÃȌ˥øË ¬ÍøÃÊ ∑§⁄UÊflË ‹ÊªÃ.
(4) •Êÿ.∞‚.•Êÿ.∞Ÿ. (ISIN) „UÊ Á«U◊Ú≈UøÊ •Êfl‡ÿ∑§ ÉÊ≈U∑§ •Ê„U.
¬˝. 7. πʋˋ ¬˝‡Ÿ ‚Ê«UflÊ (∑§ÊáÊÄUË ŒÊŸ) — [10]
(1) ∆UflËŒÊ⁄UÊ‚ ∆UflËø ŸÍßË∑§⁄UáÊ ∑§ÀÿÊ’Ê’Ãø ¬òÊ Á‹„UÊ.
(2) ∑§¡¸⁄UÊπäÊÊ⁄U∑§Ê‚ ∑§¡¸⁄UÊÅÿÊø ‚◊„UÄ∑§ ÷ʪÊà ¬Á⁄UfløŸ ∑§ÀÿÊø ◊ÊÁ„UÃË
ŒáÊÊ⁄‘U ¬òÊ Á‹„UÊ.
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(3) ‹Ê÷Ê¥‡ÊÊø flÊ≈U¬ ‹Ê÷Ê¥‡Ê •ÁäʬòÊÊŒ˜flÊ⁄‘U ∑§ÀÿÊø ∑§›ÁfláÊÊ⁄‘U ¬òÊ
‚÷Ê‚ŒÊ‚ Á‹„UÊ.
¬˝. 8. πʋˋ ¬˝‡ŸÊ¥øË ©UàÃ⁄‘U Á‹„UÊ (∑§ÊáÊÃÊ„UË ∞∑§) — [8]
(1) •ª˝„UÄ∑§ ÷ʪ ê„UáÊ¡ ∑§Êÿ? •ª˝„UÄ∑§ ÷ʪʥø ¬˝∑§Ê⁄U S¬c≈U ∑§⁄UÊ.
(2) ÷ʪ flÊ≈U¬ ∑§Êÿ¸¬Œ˜äÊÃË S¬c≈U ∑§⁄UÊ.
uuu
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