Question

Which of the following is not true about capital reserves?

A Capital reserve is created from capital profits (e.g., revaluation surplus)
B It is usually not available for distribution as dividend
C It is part of shareholders’ funds
D It is used to write off revenue losses
E It can be used to issue bonus shares in some cases per law
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)