πŸ“Š Banking and Finance 3
Q. What is the stamp duty to be paid in respect of any document executed by any banker financial institution for issuing a debenture or bond?
  • (A) One rupee for every Rs.100 or part thereof.
  • (B) One rupee for every Rs.1000 or part thereof.
  • (C) It shall be exempted from stamp duty.
  • (D) It depends from State to State.
πŸ’¬ Discuss
βœ… Correct Answer: (C) It shall be exempted from stamp duty.

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