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

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

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 : 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 : Vijaya  Bank Ltd. has outstanding 10,000, 5% Debentures of Rs. 100 each redeemable at a premium of Rs. 10 each.These debentures are to be redeemed. Amount that will be set aside out of profits to Debentures Redemption Reserve is

Option 1: Rs. 5,00,000

Option 2: Rs. 12,50,000

Option 3: Rs. 25,00,000

Option 4: Nil

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