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  1. Asked: September 13, 2024In: Education

    What is muslin?

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 13, 2024 at 5:41 pm

    Muslin is considered as one of the best fabrics that are available today. It is the softest and purest fabric across the globe. It originated years ago, and it got the name from a British Indian Port known as Maisolos.

    Muslin is considered as one of the best fabrics that are available today. It is the softest and purest fabric across the globe. It originated years ago, and it got the name from a British Indian Port known as Maisolos.

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  2. Asked: September 13, 2024In: Education

    Mention one significance of the Suez Canal.

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 13, 2024 at 5:39 pm

    The Suez Canal was opened in the year 1869, which drastically reduced the cost of transportation of goods between Britain and India.

    The Suez Canal was opened in the year 1869, which drastically reduced the cost of transportation of goods between Britain and India.

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  3. Asked: September 13, 2024In: Education

    What was the life expectancy during British India, and what is it today?

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 13, 2024 at 5:36 pm

    As per the government-issued data, the life expectancy during British India was 32 years, and it is 68 years today.

    As per the government-issued data, the life expectancy during British India was 32 years, and it is 68 years today.

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  4. Asked: September 12, 2024In: Education

    ABC Ltd. is to redeem 10,000, 10% debentures of ₹. 100/- each on 30th June 2017. How much amount must be transferred to DRR by it?(a) ₹ 2,50,000/-(b) ₹ 1,00,000/-(c) ₹ 5,00,000/-(d) Nil

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 11:07 pm

    (a) ₹ 2,50,000 ( Since DRR = 25% of Face Value of Debentures)

    (a) ₹ 2,50,000 ( Since DRR = 25% of Face Value of Debentures)

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  5. Asked: September 12, 2024In: Education

    Mention any two specified securities for DRR?

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 11:02 pm

    Specified securities for DRR are: In the form of deposits with any Scheduled Bank, that is free from any charge In the form of unencumbered securities of the Central Government or any State Government

    Specified securities for DRR are:

    In the form of deposits with any Scheduled Bank, that is free from any charge
    In the form of unencumbered securities of the Central Government or any State Government

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  6. Asked: September 12, 2024In: Education

    Mention three points that should be kept in mind during redemption of debenture.

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 10:59 pm

    Three points that should be kept in mind during redemption of debenture are: Time of Redemption of Debentures Amount of Redemption of Debentures Sources of Redemption of Debentures

    Three points that should be kept in mind during redemption of debenture are:

    Time of Redemption of Debentures
    Amount of Redemption of Debentures
    Sources of Redemption of Debentures

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  7. Asked: September 12, 2024In: Education

    Explain DRR.

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 10:56 pm

    DRR refers to Debentures Redemption Reserve, It is a fund that is maintained by the company which issues debentures. Having a DRR is assurance of funds availability in order to meet obligations of debenture owners. It is helpful in minimising the risk of defaulting in payment of debentures.

    DRR refers to Debentures Redemption Reserve, It is a fund that is maintained by the company which issues debentures. Having a DRR is assurance of funds availability in order to meet obligations of debenture owners. It is helpful in minimising the risk of defaulting in payment of debentures.

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  8. Asked: September 12, 2024In: Education

    Expand DRI.

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 10:54 pm

    DRI refers to Debentures Redemption Investment. It is the amount of debenture redemption reserve that is invested in the form of securities. The amount invested should be 15% of the nominal value of debentures that needs to be redeemed during the fiscal year.

    DRI refers to Debentures Redemption Investment. It is the amount of debenture redemption reserve that is invested in the form of securities. The amount invested should be 15% of the nominal value of debentures that needs to be redeemed during the fiscal year.

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  9. Asked: September 12, 2024In: Education

    What are the different ways of redeeming the debentures?

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 10:52 pm

    Following are four ways of redeeming the debentures: Payment in Lump Sum Payment in Instalments By conversion into shares or as new debentures By purchasing of debentures in open market

    Following are four ways of redeeming the debentures:

    Payment in Lump Sum
    Payment in Instalments
    By conversion into shares or as new debentures
    By purchasing of debentures in open market

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  10. Asked: September 12, 2024In: Education

    Provide the meaning of Redemption of Debentures.

    Ashika
    Ashika Knowledge Contributor
    Added an answer on September 12, 2024 at 10:49 pm

    Redemption of Debentures means, discharging the liability on a/c of the debentures issued by an enterprise executing the repayment to the debenture holders.

    Redemption of Debentures means, discharging the liability on a/c of the debentures issued by an enterprise executing the repayment to the debenture holders.

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