Previous year MCQs

Economy UPPSC 1996 GS-I
Question

A company declares dividend on:

Answer & Solution

Answer: (Detailed Solution Below)

Option A: Issued Capital

Detailed Solution:

The correct answer is “Issued Capital”.
Dividend is a portion of a company's profit that is distributed to its shareholders.

This distribution is based on the number of shares held by each shareholder. Since issued capital represents the total number of shares that have been sold by the company, dividends are declared on this amount.  

Similar Questions:

Base year for estimation of Gross Domestic Product at constant prices in India, at present, is
  1. A) 1999-2000
  2. B) 2000-2001
  3. C) 2002-2003
  4. D) 2006-2007 2011-12
The largest item of public expenditure in the Union Budget in recent years has been:
  1. A) Defence expenditure
  2. B) Interest payments
  3. C) Major subsidies
  4. D) Capital expenditure
Increasing urbanisation creates:

1) Increase in slum population of metropolitan cities
2) Greater concentration of population in large urban centres
3) Sharp decline in quantity and quality of service in urban areas
4) Rapid upgradation of infrastructure facilities
  1. A) 1, 2 and 3
  2. B) 2, 3 and 4
  3. C) 1, 2 and 4
  4. D) All the four
Which among the following in India is the Nodal agency for estimation of poverty at the national and state level ?
  1. A) Finance Commission
  2. B) Rural Ministry
  3. C) Home Ministry
  4. D) Planning Commission
Direct Tax Code in India is related to which of the following?
  1. A) Sales Tax
  2. B) Income Tax
  3. C) Excise Tax
  4. D) Service Tax
Which one of the following statements is correct?
  1. A) DDT is antibacterial compound
  2. B) TNT is an insecticide
  3. C) RDX is an explosive
  4. D) LSD is an antiviral compound
Which of the following fixes the poverty line in India?
  1. A) Central Council of Ministers
  2. B) Lok Sabha
  3. C) Rajya Sabha
  4. D) Planning Commission (Now Niti Ayog)
Match List – I with List – II and select the correct answer from the code given below the lists.
List – I (Person) – List – II (Concerned with)

A. M. S. Swaminathan – 1. Social control on Banks
B. L. K. Jha – 2. Milk Production
C. Verghese Kurien – 3. Green Revolution
D. Morarji Desai – 4. Economic Administration Reforms

Code :
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  2. B) 2 3 4 1
  3. C) 3 4 2 1
  4. D) 1 2 4 3
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  2. B) Fourth five year plan
  3. C) Fifth five year plan
  4. D) Sixth five year plan
Hindu Rate of growth refers to the rate of growth of:
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  2. B) Population
  3. C) Food grains
  4. D) Per capita income
Which of the following is an indirect tax?
  1. A) Sales tax
  2. B) Income tax
  3. C) Excise duty
  4. D) Toll tax
Neutron was discovered by:
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  2. B) Rutherford
  3. C) Bohr
  4. D) Newton