Bank-PO General-Awareness: Questions 944 - 949 of 1311
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Question number: 944
Appeared in Year: 2015
Which Committee has recommended conversion of Urban Cooperative Banks into regular banks? (August)
Dr. Girish Ahuja committee
R Gandhi committee
A P Shah Committee
Dr. Ashok Lahiri committee
Question number: 945
Question number: 946
Question number: 947
Question number: 948
Question number: 949
Which of the following differences between Bonds and Cumulative Convertible Preference Shares (CCPSs) is not correct?
Bonds are not convertible while CCP are convertible into equity shares between the end of the 3rd year and 5th year, as decided by the company.
Bonds are issued by public sector companies and CCP by public limited companies.
Interest is paid on bonds while preference dividend is payable on CCPs upto 10%, till conversion into equity shares.
Bonds are non-redeemable and CCPs are redeemable