Question
ABD Limited received 5,90,000 as premium on new policies
and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and paid 70,000 towards reinsurance ceded. How much will be credited to Revenue Account towards premium?Solution
Which of the following are the difference(s) between swaps and futures contracts?
1.      Swaps are typically short term, whereas futures ...
Depreciation is charged on which among the following?
Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank?
As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investi...
 Which of the following is least likely a condition necessary for revenue recognition?
Which among the following represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another?
Under the Expense of Management Rules 2023 introduced by Insurance Regulatory and Development Authority of India, general insurance companies can work w...
In a leveraged buyout (LBO), what is the primary source of funds used for the acquisition of a company?
 Which of the following best describes a merger of two companies where a financially sick or distress business is merged with a sound company as part ...
Calculate the closing capital of an individual from the following information:
·      Initial capital in business – Rs.50000
Relevant for Exams:
