New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The preference shares should be redeemed with in a

    period of           
    A Not exceeding 10 years Correct Answer Incorrect Answer
    B Not exceeding 15 years Correct Answer Incorrect Answer
    C Not exceeding 20 years Correct Answer Incorrect Answer
    D Not exceeding 25 years Correct Answer Incorrect Answer
    E Not exceeding 30 years Correct Answer Incorrect Answer

    Solution

    Company cannot issue redeemable preference shares with a term exceeding 20 years for redemption

    Practice Next