Question
A bank’s Profit before appropriations = ₹20 crore.
Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuation Reserve. How much will be transferred to Statutory Reserve?Solution
Transfer = 25% of 20 crore = 5 crore. IFR transfer is independent.
What percentage stake did SBI Mutual Fund acquire in Savita Oil Technologies via a block deal?
Statements:
1. Himachal Pradesh will launch the ‘Himachal Pradesh Early Childhood Care and Education Tutor Scheme’.
2. The scheme is a...
Recently Air India seals world's largest aircraft deal at $70 bn with which two international aircraft maker companies?
According to data released by the Controller General of Accounts (CGA), the central government’s fiscal deficit touched _______ of the full-year targe...
The first state of India, which separated on Linguistic basis?
Ministry of Education announces 6th edition of Smart India Hackathon in Aug 2023, it is an initiative by MoE, Persistent Systems and Inter Institutional...
The Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) includes a component for procuring pulses and oilseeds at MSP. Which of the following crop...
Which organization entered a two-year MoU with the Singapore Tourism Board to promote UPI transactions for Indian visitors in Singapore?
____ state government has launched the e-learning scheme by distributing tablets at 119 locations in the state.
Who has been named captain of the Ahmedabad IPL team?
