Mr A earned a capital gain of Rs. 100 lakh on 31st February, 2019 from the sale of a long-term capital asset (land) within the limits of Jaipur corporation. If he invests Rs. 60 lakh, out of Rs. 100 lakh, in Rural electricity corporation bonds approved under Section 54EC in 20th February, 2019, what is the amount of exemption he can claim under Section 54EC of Income Tax Act for the AY 2019-20?

Answer: Option B