Question

No dividend shall be declared or paid by a company for any financial year except________________

A Out of the profits of the company for that year
B Out of the profits of the company for that year arrived at after providing for depreciation
C Out of the profits of the company for any previous financial year arrived at after providing for depreciation
D Either a & c
E Either b or c
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RBI Grade B 2026 Phase 1 Memory Based Paper
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