alleryStart learning →20,000 shares of Rs 10 are bought back at Rs 15 from free reserves. Transfer to CRR is:
ARs 1,00,000
BRs 3,00,000
CRs 2,00,000
DRs 5,00,000
Answer & Solution
Correct answer: C. Rs 2,00,000
CRR takes the nominal value only, which is 20,000 x 10 = Rs 2,00,000.
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