Which of the following is / are correct difference(s) between  equity and preference shares?

  1. While equity shares come with voting rights, no such rights are given to holders of preference shares
  2. While dividends on equity shares is fixed, dividend on preference shares keeps changing

Which of the above is / are correct statements?

Answer: [A] Only 1

Second statement is not correct. Dividends are fixed in case of preference shares.

This question is a part of GKToday's Integrated IAS General Studies Module