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Question
Consider the following statements.
Statement 1 - "No DRR is required for debentures issued by All India Financial Institutions, regulated by RBI and Banking Companies for both public as well as privately placed debentures".
Statement 2 - DRR is required for debentures issued by All India Financial Institutions, regulated by RBI and Banking Companies for both public as well as privately placed debentures"
Options
Only Statement 1 is correct
Only Statement 2 is correct
Both the statements (1) and (2) are correct
None of these
MCQ
Solution
Only Statement 1 is correct
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Redemption of Debentures
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