Question
The following balances are available for a company:
Cash: ₹5L, Inventory: ₹12L, Debtors: ₹10L, Short-term investments: ₹3L Accounts payable: ₹8L, Short-term loans: ₹4L Calculate: (i) Gross working capital and (ii) Net working capitalSolution
Gross WC = Sum of all current assets = 5 + 12 + 10 + 3 = ₹30L Current liabilities = 8 + 4 = ₹12L Net WC = 30 – 12 = ₹18L
Secular stagnation is best described by which of the following scenarios?
Balance of trade is the _______________.
The first Chairman of Finance commission was
In the Monetary Policy Review on February 8, 2017, RBI did not change which of the following key rates?
Which one of the following pairs is correctly matched?
In India, who sets the Marginal Standing Facility (MSF) rate?
In which Union Budget was the formation of MUDRA Bank announced?
Who heads the National Development Council (NDC)?
In the fiscal year 2022-23, what was the Year-on-Year (YoY) growth rate of India's services sector?
Which of the following institutions have wrote the book ‘Healthy Recipes for Defence’?
