Question : Fair deal Private Ltd. is to redeem 20,000; 10% Debentures of Rs. 100 each on 30th June, 2020. The company should invest in specified securities on or before __________.

Option 1: 30th April, 2018

Option 2: 30th April, 2019

 

Option 3: 30th June, 2019

Option 4: 30th April, 2020

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 : Tip Top Ltd., a listed company, is to redeem 5,000; 10% Debentures of Rs. 100 each redeemable at a 10% premium on 31st March 2020. The company will have to invest in specified securities amounts not less than ____________.

Option 1: Rs. 15,000

Option 2: Rs. 16,500

Option 3: Rs. 25,000

Option 4: Rs. 75,000

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 : Bank of Baroda Ltd. has outstanding 2,00,000; 10% Debentures of Rs. 10 each issued in 2016 due for redemption on 30th June 2020. How much amount of Debentures Redemption Reserve should be created before the redemption of debentures begins and also how much amount should it invest in specified securities?

Option 1: Rs 1,50,000

Option 2: Rs 15,000

Option 3: Rs 1,00,000

Option 4: Not required

Question : YES Bank Ltd. is to redeem 1,000; 10% Debentures of Rs. 100 each on 30th June 2020. How much amount should be transferred to DRR by it?

Option 1: Rs. 50,000

Option 2: Rs. 1,00,000

Option 3: Rs. 10,000

Option 4: Nil