New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per the provision of Section 40 of the Companies Act,

    2013, the commission paid or agreed to be paid does NOT exceed in the case of debentures _____of the price at which the debentures are issued or the amount or rate authorised by the articles, whichever is less.
    A 2.5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 7% Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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