alleryStart learning →10,000 shares of Rs 10 bought back at Rs 15 from free reserves. CRR transfer is
ARs 1,50,000
BRs 1,00,000
CRs 5,00,000
DRs 50,000
Answer & Solution
Correct answer: B. Rs 1,00,000
The transfer equals nominal value, so 10,000 shares at Rs 10 give Rs 1,00,000, whatever the premium.
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