Related InterviewSolutions

• As per SEBI Guidelines an amount equal to ........ Of the debenture issue must be transferred to Debenture Redemption Reserve before redemption begins.A. 0.25B. 0.8C. 0.5D. 1
• A Company issuing debentures with a maturity period of not more than ......... Need not create Debenture Redemption Reserve.A. 2 monthsB. 6 monthsC. 12 monthsD. 18 months
• A company issuing debentures with a maturity period of not more than 18 months, in that case the creation of Debentures Redemption Reserve will be :A. 50% of the amount of debentures issuesdB. 25% of the amount of debentures issuedC. 100% of the amount of debentures issuedD. None of the above
• X Ltd.wants to redeem 5,000, 5% Debentures of Rs. 100 each at 5% premium. How much amount it must transfer to Debenture Redemption Reserve, if it has already a balance of Rs. 1,00,000 in Debenture Redemption Reserve Account?A. Rs. 4,00,000B. Rs. 1,50,000C. Rs. 2,00,000D. Rs. 2,50,000