Question
A repair parts inventory for claim servicing includes
slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management offset NRV write-downs with expected price recoveries on fast-moving SKUs?Solution
NRV is assessed item-wise or by similar items; offsetting with unrelated items isn’t allowed.
According to the Principles of Lending, which of the following is NOT a primary factor when granting loans?
What is the term of office of the Chairman and Members of the IFSCA?
Net interest position of the bank has which of the following characteristics?
1.   Which of the following is correct regarding Supervisory review Process (SRP)?
1.   Supervisors should review and evaluate banks ICAA...
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Financial Risk can be defined as _________
Which of the following is not a characteristic of preference shares?
According to the Union Budget 2023-24, consider the following statements.
1. The Revised Estimate of the fiscal deficit is 6.4 percent of GDP, ad...
Which is the process of converting the organizational structure of the stock exchange from a non-corporate to a corporate structure?
To mitigate concerns relating to model risk and significant variability in expected credit loss models, the Discussion Paper proposes the following miti...
