As per Table F of the Companies Act, 2013, the maximum rate of interest on calls in advance prescribed is ......... p.a.

CS Executive · Corporate and Management Accounting · PYQS · June 2023
As per Table F of the Companies Act, 2013, the maximum rate of interest on calls in advance prescribed is ......... p.a.
(A) 5%
(B) 6%
(C) 10%
(D) 12%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Corporate Accounting

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