[Solved] The term ―capitalisation of reserves‖ is used to denote?

McqMate

Q.	The term ―capitalisation of reserves‖ is used to denote?
A.	the use of reserves for the acquisition of additional capital
B.	the use of reserves for paying-off loans raised for building up fixed assets
C.	the use of reserves for issuing bonus shares to the existing shareholders
D.	the use of reserves for the replacement of depreciated assets
E.	None of these
Answer» C. the use of reserves for issuing bonus shares to the existing shareholders

1.6k

0

Do you find this helpful?

7

View all MCQs in

Banking Awareness

Discussion

No comments yet

Related MCQs

The RIDF is a fund maintained by the National Bank for Agriculture and Rural Development (NABARD). What does the letter ―R‖ denote in the term RIDF?
Foreign exchange Reserves in India are kept in the custody of .
The main foreign exchange reserves in the country are:
account records the change in stock of reserve assets (also known as foreign exchange reserves) at the country‘s monetary authority.
Reserves which can act as a liquidity buffer for commercial banks during crisis times are
The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
Minimum cash reserves fixed by law constitute
According to RBI guidelines the term ‗bulk deposit‘ is used for single rupee term deposit of
If a bank is unable to refund the short term deposits as funds are locked in long term loans, it involves?
Smart Money‘ is a term used for .