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The 'Debenture Redemption Fund' of a company stood at Rs. 16,000 represented by Rs. 20,000 (nominal) investment. The company in order to redeem debentures of Rs. 10,000 at 1% premium sold Rs. 12000 (nominal) investments of Rs. 100 each at Rs. 84 each for the purpose of redeeming Rs. 10,000 debentures at a premium of 1%. After the redemption of debentures, the balance in the Debenture Redemption Fund a/c will be:
When all the debentures are redeemed, the balance left in the debenture sinking fund account is transferable to 
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: The State Bank of India (SBI) last Friday redeemed at least Rs 15,000 crore of mutual fund investments, which also put pressure on asset managers to sell their holdings in the secondary market.While the purpose of the SBI redemptions is not clear, some market participants linked the timing of the sale to a planned accumulation of cash that could be subsequently used to fund either equity or debt at the struggling financier, IL&FS. Courses of action: I. Fund managers are keen to understand where SBI would deploy the redeemed cash, and the role of such investments in stabilising the rattled debt market that is negotiating the first northward movement in the interest-rate cycle since the current administration took office.  II. The SBI chairman reiterated the lender’s continued support toward NBFCs, while the central bank, too, stepped in to assure the roiled markets of liquidity injection in an emergency.  III. SBI lends support to NBFCs in private and public sector within the regulatory policy framework and will continue to do so.
After redemption of debentures, the balance of Sinking Fund Account is transferred to
In a survey conducted over a group of people, it was found that 65% of them have a Facebook account, 40% of them have an Instagram account and 25% of them have a Twitter account. It was also concluded that 20% have an account on both Facebook and Instagram, 12% have an account on both Instagram and Twitter and 14% have an account on both Facebook and Twitter. If 8% of the people had an account on all the three websites, what percentage of the people do not have an account on any of the three websites?
The balance of Debenture Sinking Fund is finally transferred to
After redemption of debentures, the balance of Debenture Redemption Reserve Account is transferred to
Assertion (A): Sinking fund is a charge against profit and loss account.
Reason (R): Sinking fund is created for repayment of a long-term liability.
Which of the following statements is correct?
Assertion (A) Sinking fund is a charge against profit and loss account.
Reason (R) Sinking fund is created for repayment of a long-term liability.
In Sinking Fund for redemption of Debentures Account, the amount is transferred every year from