Question
A company has EBIT ₹10,00,000 and interest
₹2,00,000. Tax rate 30%. EPS impact if company has 1,00,000 equity shares and no debt vs with debt? Which measure shows interest effect before tax?Solution
Interest reduces earnings before tax (EBT). EBIT unaffected by interest, EPS is after tax.
Instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without reg...
Which of the following is true about Cash Credit (Bank Loan)?
I. Cash credit is an arrangement whereby the bank allows the borrower to draw am...
Match the following
1) UTE a) July 1964
2) SEBI b) November 1972<...
The Reserve Bank of India was taken over by the Government in
Fiscal Policy in India is formulated by whom?
Which electronic funds transfer system in India is available 24/7 throughout the year, including on holidays also?
What is the primary purpose of the newly approved Defence Procurement Manual (DPM) 2025?
Which of the following is/are securities depository?
i. CSDL
ii. ARCIL
iii. NSDL
Which of the following Bank is nationalised in 1st phase of Nationalisation of Banks?
Expand the term ALM as used in Banking/Finance sector.
