Challenger App

No.1 PSC Learning App

1M+ Downloads
Reserve created for maintaining a stable rate of dividend is termed as ---.

ACapital Redemption Reserve

BGeneral Reserve

CDividend equalization fund

DDividend Distribution Tax

Answer:

C. Dividend equalization fund

Read Explanation:

.


Related Questions:

If any amount is directly deposited into the bank then?
Normally the cash book shows a ---- balance, pass book shows a ----balance.
Which of the following is not an interest rate sensitive item?
The process of bringing together items of similar nature is called:
----- reserve is available for distribution of dividend.