New Cracking SEBI General in 60 Days - Possible or Not?
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Question

The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within____________________

A Five days from the date of declaration of such dividend Correct Answer Incorrect Answer
B Seven days from the date of declaration of such dividend Correct Answer Incorrect Answer
C Fifteen days from the date of declaration of such dividend Correct Answer Incorrect Answer
D Thirty days from the date of declaration of such dividend Correct Answer Incorrect Answer
E Six months from the date of declaration of such dividend Correct Answer Incorrect Answer

Solution

Five days from the date of declaration of such dividend, Explanation: Section 123: Declaration of dividend: (4) The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within five days from the date of declaration of such dividend.

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