Question
Who among the following are the beneficiaries of PM-YUVA
Scheme?Solution
Pradhan Mantri – Mentorships’s Scheme for Young writers (PM-YUVA) has been launched by the Ministry of Education on 29 May 2021 for young writers up to the age of 30 years.
Recently RBI approved five banks to work with it on a pilot project for its digital currency -- the Digital Rupee, which of the following is not in the ...
A borrower has limits of ₹50 crore from Bank A and ₹40 crore from Bank B without consortium arrangement. The borrower diverts stock financed by Bank...
A term loan of ₹80 crore is secured by Plant & Machinery valued at ₹90 crore and land valued at ₹30 crore. The forced sale value of machinery is a...
NPA ₹40 cr, security ₹25 cr, borrower cooperative, business viable if restructured. What is the best recovery strategy?
A company has opening balance of debtors of Rs.3 lakh. If the doubtful provision is 5% and discount is 2%, what is the net balance of debtors at the end...
A bank’s exposure to steel sector is already 18% of total advances against internal cap of 15%. A new steel project proposal of ₹300 crore is otherw...
MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of R...
Which of the following accounting concept is the same as the accrual concept?
A company shows Net Profit of ₹12 crore, Depreciation ₹8 crore, Increase in Receivables ₹10 crore and Increase in Payables ₹4 crore. What is the...
A company decides not to record a calculator worth Rs.500 as a fixed asset and instead expenses it off. Which accounting concept is being applied?