Question

State which statement is correct:

A In case of merger – We use pooling of interest method for accounting.
B In case of purchase – We use purchase method or pooling of interest method depending upon whether it is takeover at agreed values or book values.
C Both (a) and (b) are correct.
D Only (a) is correct.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)