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Amounts in the Unpaid Dividend Account remaining unclaimed for seven years are transferred to the:
Acompany's general reserve
BConsolidated Fund of India
CSecurities Premium Account
DInvestor Education and Protection Fund (IEPF)
Answer & Solution
Correct answer: D. Investor Education and Protection Fund (IEPF)
Amounts unclaimed for 7 years move to the IEPF.
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