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 : 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 : 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 : Ram Ltd., an unlisted company, has outstanding 1000,8% Debentures of Rs. 100 each redeemable at a premium of Rs. 10 each. Out of these, 500debentures are to be redeemed on 31st December 2020. As of the date of the redemption, Debentures Redemption Investment should be

Option 1: Rs. 7,500

Option 2: Rs. 8,250

Option 3: Rs. 15,000

Option 4: Rs.16,500

Question : Y Ltd. purchased assets of Rs. 8,00,000 and liabilities of Rs. 1.00,000 from X Ltd. on 1.4.2018. Rs. 2,00,000 were paid immediately and the balance was paid by issue of Rs. 4,75,000, 10% debentures in Y Ltd __________ account will be _______ with __________.

Option 1: Capital reserve, credited, Rs. 25,000
 

Option 2: Goodwill, debited, Rs. 75,000
 

Option 3: Rs. 4,75,000 and Securities Premium, credited, Rs. 25,000

Option 4:  Rs. 5,00,000 debentures and Securities Premium credited Rs. 25,000
 

Question : Hindustan Housing Finance Ltd., an unlisted company, has outstanding 20,000, 8% Debentures of Rs. 100 each redeemable at a premium of Rs. 10 each. Out of these, 5,000 debentures are to be redeemed on 31st December, 2020. Debentures Redemption Reserve should be

Option 1: Rs. 1,37,500

Option 2: Rs. 2,50,000

Option 3: Nil

Option 4: Rs. 3,50,000