Question in Accounting

(c) The following information of Gaurav Ltd. was obtained on 31st March, 2021: by Authorized capital: 90,000, 14% preference shares of 100 90,00,000 9,00,000 Equity shares of 100 each 9.00.00.000 9.90,00.000 Issued and subscribed capital: 67.500. 14% preference shares of 100 each fully paid 67,50,000 5,40.000 Equity shares of 100 each, 80 paid-up 4,32,00,000 Share suspense account 90,00,000 Reserves and surplus: Capital reserves ( 6,75,000 is revaluation reserve) 8,77,500 Securities premium 2,25,000 Secured loans: 15% Debentures 2,92,50,000 Unsecured loans: Public deposits 16,65,000 Cash credit loan from SBI (short term) 5,92,500 Current Liabilities: Trade Payables 15,52,500 Assets Investment in shares, debentures, etc. 3,37,50,000 Profit and Loss account (Dr. balance) 68.62,500 Share suspense account represents application money received on shares, the allotment of which is not yet made. You are required to compute effective capital as per the provisions of Schedule V if Gaurav Ltd.is a non-investment company