InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
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 |
| Answer» Correct Answer - C | |
| 2. |
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 |
| Answer» Correct Answer - D | |
| 3. |
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 |
| Answer» Correct Answer - D | |
| 4. |
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 |
| Answer» Correct Answer - B | |