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Question

______ is a secret reserve usually created to provide for the loss by way of fluctuation in the value of investment.

A
Investment Fluctuation Reserve
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B
Foreign Exchange Fluctuation Fund
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C
General Reserve
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D
Capital Reserve
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Solution

The correct option is C Investment Fluctuation Reserve
Investment Fluctuation Reserve: To bear any loss in case of decrease in value of such investments, business enterprises sets aside a part of profit in Investment Fluctuation Reserve, so that any loss arising on account of decrease in value of such investment can be met from this reserve.

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