Question
A reserve account that shall not be used by the company
for any purpose other than repayment of deposits is called_____.Solution
According to Section 73(2) (c) of the Companies Act, 2013, depositing such sum which shall not be less than 15% of the amount of its deposits maturing during a financial year and the financial year next following, and kept in a scheduled bank in a separate bank account to be called as deposit repayment reserve account.
Statement:
Only a few Banana is Guava.
Some Guava is Leopard.                           Â
Some Leopa...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements: Â Â some record are folder.
                             No folder is a data.
     ...
In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of...
Statements:
Only male are boy
Some male are man
At least some man are old
Conclusions:
I. Some boy being old is a...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements: No swan is a penguin.
                         Some penguins are kingfisher.
Conclusions: I. Some s...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements: Hands # Leg Arms % Leg Ear & Leg Eyes # Ear
Conclusions:
I. Hands % Arms
II. Eyes ≤ Ear
III. Arms $ Ear
IV. Eyes & Hands
Statements:
Only a few Bottle is Cold
All Cold are Weather
Some Water are Weather
Conclusions:
I. All Bottle be...