Question
What is the percentage of Adjusted Net Banking Credit
(ANBC) that domestic banks are required to lend to the weaker section according to the lending regulations?Solution
A target of 8 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, has been prescribed for Small and Marginal Farmers within agriculture, to be achieved in a phased manner i.e., 7 percent by March 2016 and 8 percent by March 2017. There is no change in the target of 10 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, for Weaker Sections.
The main object of the audit of the cash book may be ________.
Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets? �...
A company purchases a fixed-income security that provides interest on a half-yearly basis. The interest is accrued but not yet received at the balance s...
Which of the following books is NOT mandated to be maintained under the Companies Act, 2013?
The provisions on ________ assets should not be considered while arriving at net NPAs.
What is the primary purpose of bookkeeping in business?
Current years’ proposed dividend will be:
Section 115JAA allows which of the following?
What is the key function of a Letter of Credit (LC) in international trade?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
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