Question
Which of the following statements are not true regarding the issuance of a Bank Guarantee (B
- G ? A. All bank guarantees have an expiry period and expiry date. B. Banks are required to maintain capital against non-fund-based facilities like Bank Guarantees. C. Banks should comply with Ghosh Committee recommendations while issuing bank guarantees. D. Banks are not allowed to issue bank guarantees in favor of other banks and financial institutions.
More Accounts Questions
- Revenue from operations is primarily generated from:
- A 'Sovereign Gold Bond' is issued by:
- Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets?
- Which of the following is not a Subsidiary Book in Accounting?
- Insert Hyperlink dialog box appears by pressing _________.
- Which of the following is typically excluded from computation of EBITDA?
- Which of the following is true about the statements issued by the Institute of Chartered Accountants of India (ICAI)?
- Under Indian tax law, a foreign company is resident in India if:
- XYZ Ltd. has overheads of ₹5,00,000 allocated to 4 activities: Machine setup (₹1,50,000), Quality control (₹1,00,000), Material handling (₹1,50,000). If Pr...
- While evaluating investments, the release of working capital at the end of the project life should be considered as __________.
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
