Question

Investment in debt instrument for which the company has intention to receive contractual cash flows and for which, the debt gives contractual cash flows for principal and interest, will be classified as per which among the following methods?

A Fair Value through P & L
B Depends on the management discretion
C Fair Value through OCI
D Amortized cost method
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)