Question : Anmol Finance Ltd., a Listed NBFC, is to redeem 20,000, 8% Debentures of Rs. 100 each at a premium of Rs. 10 out of profit. Amount that should be invested in Debentures Redemption Investment is

 

Option 1: Rs. 3,00,000

Option 2: Rs. 1,65,000

Option 3: Rs. 3,15,000

Option 4: Nil.

Question : Ashfaq Ltd., a Listed NBFC, is to redeem 10,000, 9% Debentures of Rs. 50 each at par out of profit. Amount that should be invested in Debentures Redemption Investment is _________.

Option 1: Rs.75,000

Option 2: Rs.1,25,000

Option 3: Rs.50,000

Option 4: None of the above

Question : Rachna Ltd., a Listed Company, is to redeem 20,000,8% Debentures of Rs. 100 each at a premium of Rs 10 out of profit. The amount that should be set aside for Debentures Redemption Reserve (DRR) is

Option 1: Rs. 5,00,000

Option 2: Rs. 10,00,000

Option 3: Rs. 11,00,000

Option 4: Nil

Question : Arnav Financing Co. Ltd., a listed NBFC, is to redeem its debentures of nominal (face) value)  Rs.5,00,000  each on 30th June, 2020,30th September, 2020,31st December 2020 and 31st March 2021.The amount that should be invested in Debentures Redemption Investment on or before 30th April 2020 should be

Option 1: Rs. 37,500

Option 2: Rs. 3,00,000

Option 3: Rs. 2,50,000

Option 4: Rs. 10,00,000

Question : ICICI BANK Ltd., an Other Financial Institution, has outstanding 50,000,5% Debentures of Rs. 100 each redeemable at a premium of Rs. 10 each.These debentures are to be redeemed. Amount that should be invested in Debentures Redemption Reserve is

Option 1: Rs. 7,50,000

Option 2: Rs. 5,00,000

Option 3: Rs. 50,000

Option 4: Nil

Question : Ankita Ltd., an unlisted company, is to redeem 1,00,000 8% Debentures of Rs. 100 each at a premium of Rs. 10. Amount that should be set aside to Debentures Redemption Reserve (DRR) is

Option 1: Rs. 5,00,000

Option 2: Rs. 10,00,000

Option 3: Rs. 11,00,000

Option 4:  Nil