Match List-I with List-II
| List-I (Term/Name) | List-II (Characteristics) |
|---|---|
| (A) Privatisation | (I) Work which focuses on providing services like trade, transport, financial services etc. |
| (B) Disinvestment | (II) Spread of investment into different types of economic activities in order to reduce risks. |
| (C) Tertiary sector | (III) Private companies can invest in sectors earlier reserved for the government. |
| (D) Diversification | (IV) The government sells its share in public sector companies. |
Choose the correct answer from the options given below:
The following journal entry appears in the books of X Co. Ltd.
\[\text{Bank A/c Dr. 4,75,000} \\ \text{Loss on Issue of Debentures A/c Dr. 75,000} \\ \text{To 12\% Debentures A/c 5,00,000} \\ \text{To Premium on Redemption of Debenture A/c 50,000} \]
In this case, the debentures have been issued at a discount of 5%. What is the rate of premium on redemption of debentures?