Archives Answers

Solution:- It will invest ₹ 30,000 (i.e., 15% of ₹ 2,00,000) in specified securities on or before 30th April, 2021. If will further invest ₹ 15,000 in specified securities on or beofre 30th April, 2022 to make totl investment equal…

Solution:- Investment in DRI = 6,00,000/3 = ₹ 2,00,000 ✕ 15% = ₹ 30,000 Time of Investment = on or before 30th April, 2022. The invested amount shall be realised at the time of last redemption, i.e., 30th June, 2024.

Solution:- Amount of DRI before redemption of 1st installment 10,00,000/4 = 2,50,000 ✕ 15% = ₹ 37,500 Time of Investment = on or before 30th April, 2022. It shall be realised at the time of last redemption, i.e., on 30th…

Solution:-

Solution:- Debentures Redemption Investment = 50,00,000 ✕ 15% = ₹ 7,50,000 Debenture Redemption Investment Realised = 7,50,000 ✕ 105% = ₹ 7,87,500

Solution:- DRR – NIL DRI – NIL Banking companies (for both Public issue and Private Placement of Debentures) are exempted from creating DRR and DRI for the purpose of Redemption of Debentures.

Solution:-    

Solution:-

Solution:- Just for sake of more information:-

Solution:- NIL Unlisted Non-Banking Finance Companies are exempted to create DRR for the purpose of Redemption of Debentures.