Q887
Allocable surplus for a banking company under the provisions of the Payment of Bonus Act, 1965 means
A.
67% of the available surplus in an accounting year
B.
60% of the available surplus in an accounting year
AnswerC.
66% of the available, surplus in an accounting year
D.
66% of the available surplus in the financial year
Answer: Option B
Solution
Answer: Option B
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