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Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
Which denomination notes will be introduced as plastic currency in India?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is Call Money?
Which organization has NPCI incorporated as a wholly-owned subsidiary?
Which co-oeprative bank has been recently included in the second schedule of RBI Act?
In MUDRA Bank, what does MUDRA stands for -
Which of the following is a feature of the Women Entrepreneurship Program launched by NSDC?
Which of the following social media giant has recently launched a parent controlled messenger app
As per Union Budget 2025-26, what is the total outlay proposed for the Nuclear Energy Mission aimed at Small Modular Reactors (SMRs)?
Which of the following is/are correct? Please select the appropriate option.
i. When RBI expects that prices of commodities are increasing, ...