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 : 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 : IDBI Ltd., an Other Financial Institution, is to redeem 10,000, 10% Debentures of Rs. 100 each on 31st December 2020. How much amount should it invest in specified securities?

Option 1: Rs. 3,00,000

Option 2: Rs. 10,00,000

Option 3: Rs. 5,00,000

Option 4: Nil

Question : Amit Ltd., an unlisted (Non-NBFC or HFC) company, is to redeem 5,000; 9% Debentures of Rs.100 each on 31st December, 2020. The company should invest in specified securities on or before __________.

Option 1: 30th April, 2020

Option 2: 30th April, 2019

Option 3: 31st December, 2019

Option 4: 31st December, 2020

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