alleryStart learning →Rs 10,000 nominal shares bought back wholly from a fresh issue. CRR transfer is
ARs 10,000 transfer
BRs 5,000 transfer
CNil, none is needed
DEqual to the premium
Answer & Solution
Correct answer: C. Nil, none is needed
The transfer applies only when the purchase is out of free reserves or securities premium, so a fresh-issue funded buy-back needs none.
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