Question

What should be disclosed regarding investments made in accordance with any statutory requirement?

a.

Investments made in accordance with statutory requirements do not need to be disclosed

b.

Only the amount of investments made needs to be disclosed

c.

Disclose the amount, nature, security, and any special rights of investments made in accordance with statutory requirements

d.

Disclose only the nature of investments made in accordance with statutory requirements

Answer: (c).Disclose the amount, nature, security, and any special rights of investments made in accordance with statutory requirements Explanation:Investments made in accordance with any statutory requirement should be disclosed, including the amount, nature, security, and any special rights in and outside India.

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Q. What should be disclosed regarding investments made in accordance with any statutory requirement?

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