Chapter 7 test

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Question 1 of 25

Equity shareholders of a company are best described as:

Residual claim holders, paid only after all contractual claims are metCreditors entitled to a fixed periodic interest payment on their capitalClaimants who rank ahead of lenders when the company is liquidatedInvestors entitled to a dividend guaranteed by the company each year

Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗