NCERT Class 12 Accountancy MCQ : Issue and Redemption of Debentures
Delve into the intricacies of corporate finance with our specialized Multiple Choice Questions (MCQs) page on the ‘Issue and Redemption of Debentures.’ Curated from previous year papers of diverse exams, including UPSC IAS, this resource is tailored for finance enthusiasts and exam aspirants eager to grasp the nuances of raising capital through debentures and the subsequent redemption processes.
Explore a diverse array of topics within ‘Issue and Redemption of Debentures,’ from issuance methods to redemption strategies, as each MCQ is meticulously crafted to challenge and deepen your understanding of the financial instruments that shape a company’s capital structure. Whether you’re a UPSC IAS candidate or someone passionate about corporate finance, this page serves as an invaluable tool for exam preparation and building expertise in capital management.
Key Features:
Authentic questions from UPSC IAS and diverse sector exams
Comprehensive coverage of debenture issuance and redemption processes
Ideal for exam preparation and advancing proficiency in corporate finance
Embark on a financial exploration as you engage with our thoughtfully curated MCQs, each question designed to shed light on the complexities of the ‘Issue and Redemption of Debentures’ and enhance your comprehension of capital management strategies within the corporate
NCERT Class 12 Accountancy : Issue and Redemption of Debentures MCQ – NCERT Class 12 MCQ
Question:
When all debentures are redeemed, balance in the Debenture Redemption Fund Account is transferred to:
A
B
C
D
Question:
According to SEBI guidelines, a Company will have to create debenture redemption reserve equivalent to the amount of the following percentage of debenture issued:
A
B
C
D
Question:
The balance of ‘Sinking Fund Account’ after the redemption of debentures is transferred to :
A
B
C
D
Question:
Profit on cancellation of own debentures is transferred to:
A
B
C
D
Question:
If debenture of ₹ 1,00,000 were issued for discount of ₹ 10,000, which are redeemable after four years. Then amount of discount to be written off from P. & L. Account each year is :
A
B
C
D
Question:
Debentures can be redeemed out of:
A
B
C
D
Question:
Premium on redemption of debentures is a :
A
B
C
D
Question:
Premium on redemption of debentures is generally provided at the time of ………
A
B
C
D
Question:
Debentures cannot be redeemed at
A
B
C
D
Question:
If debentures purchased in open market are not immediately cancelled, they are treated as :
A
B
C
D
Question:
Sources of finance of the redemption of debentures are:
A
B
C
D
Question:
A company issued 1,000, 12% debentures of ₹ 100 each at 10% premium. 12% stand for:
A
B
C
D
Question:
A company should transfer to Debenture Redemption Reserve A/c at least what percent of the amount of debentures issued before the commencement of redemption of debenture
A
B
C
D
Question:
If redemption of debentures is made by conversion method, the amount to be transferred to ‘Debenture Redemption Reserve Account’ will be equal to…….percent of converted amounted.
A
B
C
D
Question:
Loss on Issue of Debenture Account is shown:
A
B
C
D
Question:
Profit on sale of Sinking Fund Investment is transferred to
A
B
C
D
Question:
Premium on Redemption of Debentures A/c is:
A
B
C
D
Question:
Interest on sinking fund investment is credited to :
A
B
C
D
Question:
Sinking fund investment is:
A
B
C
D
Question:
When debentures are issued at par and are redeemable at a premium, the loss on such an issue is debited to :
