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प्रश्न
Multiple Choice Question:
The term 'redeemable' is used for
विकल्प
Preference shares
Commercial paper
Equity shares
Public deposits
MCQ
उत्तर
The term ‘redeemable’ is related to preference shares. It implies the amount of preference shares which is repaid by a company after a certain specified period of time. Such repayment to preference shareholders is made in accordance with the terms specified in Section 80 of the Companies Act, 1956.
Hence, the correct answer is option Preference shares.
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Issue of Shares
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