Question
Parent Ltd. acquired 80% of Subsidiary Ltd. on 1st April
2023. At the time of acquisition, the subsidiary’s retained earnings were Rs. 5,00,000. On 31st March 2024, the subsidiary reported total retained earnings of Rs. 8,00,000. What amount of post-acquisition retained earnings belongs to the parent?Solution
Post-acquisition increase = 8,00,000 – 5,00,000 = Rs. 3,00,000. Parent’s share = 80% = Rs. 2,40,000.
Rural youth belonging to poor families are identified and trained for Self-employment in RSETIs. What does the “E” stand for in RSETIs?
Under the revised framework for hedging foreign exchange risk, what condition must be met by users taking positions beyond USD 100 million in contracts ...
Pradhan Mantri Jeevan Jyoti Bima Yojana is available to people in the age group of 18 to _________ years having a bank account who give their consent t...
Which of the following products of a bank can have credit risk?
A. fund based loans
B. non fund based loans
C. treasury products
When contrasting exchange-traded derivatives and over-the-counter derivatives, credit risks
The Securities and Exchange Board of India (Sebi) has mandated the registration of index providers managing "significant indices" based on securities li...
Systemic risk may arise due to ______
Which of the following is responsible for the implementation of the Solar Chakra Mission? Â
What is the wrong statement about NBFCs?
K Enterprises follows the written down value method of depreciating machinery year after year due to which of the following:
