Question
Which of the following are the benefits of Self-Help
Groups (SHGs)? I- SHGs often appear to be instrumental in rural poverty alleviation. II- SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. III- SHGs strive upon the idea of replacing formal banking system.Solution
Social integrity – SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. Gender Equity – SHGs empowers women and inculcates leadership skill among them. Empowered women participate more actively in gram sabha and elections. Banking literacy – It encourages and motivates its members to save and act as a conduit for formal banking services to reach them.
GH Ltd took a term loan of Rs.24 crore for a period of 20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. ...
If you want to understand the financial performance of a company over a specific accounting period, which of the following financial statement will be u...
A company has a Debt-to-Equity ratio of 2:1. It purchases a new plant for ₹5,00,000, financing it entirely by taking a long-term loan. What will be th...
Which of the following is not a source of funds for a company?
Based on the below information, calculate the net cash flow of the company from operating activities?Â
Net Profit = ₹1,80,000Â
Depreci...
All its JV IT Ltd has total current assets worth ₹9,00,000, of which inventory is ₹2,00,000. Current liabilities stand at ₹5,60,000. What will be ...
Which of the following will be considered as debt while calculating the debt equity ratio of a company?
Given the following information:
Revenue from Operations 3,40,000
Cost of Revenue from Operations 1,20,000
Selling expenses ...
Which of the following statements are not true regarding the issuance of a bank guarantee?
1. All bank guarantees have an expiry period and expir...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Relevant for Exams:
