New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    The amount of the dividend, including interim dividend,

    shall be deposited in a scheduled bank in a separate account within____________________
    A Five days from the date of declaration of such dividend Correct Answer Incorrect Answer
    B Seven days from the date of declaration of such dividend Correct Answer Incorrect Answer
    C Fifteen days from the date of declaration of such dividend Correct Answer Incorrect Answer
    D Thirty days from the date of declaration of such dividend Correct Answer Incorrect Answer
    E Six months from the date of declaration of such dividend Correct Answer Incorrect Answer

    Solution

    Section 123: Declaration of dividend: (4) The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within five days from the date of declaration of such dividend.

    Practice Next