Question
The limit to which a firm or company can withdraw from
the sanctioned working capital limit is called:Solution
Drawing Power generally addressed as “DP,” is an important concept for Cash Credit (CC) facility availed by banks and financial institutions. It is the limit to which a firm or company can withdraw from the sanctioned working capital limit.
As per the priority sector lending (PSL) norms as revised in March 2025 , w hat is the revised loan limit for purchase /construction of housing in metro...
Who will chair the RBI’s 10-member ’Expert Committee on Benchmarking of its Statistics'?
Sub-prime crisis' is a term associated with which one of the following events?
A company fails to accrue wages for March that will be paid in April. The company’s year-end balance sheet liabilities:
Determine the debt-equity ratio of XYZ Ltd
Debt outstanding = 800,000
Equity capital = 1000,000
Share reserves = 100,000
Jay Ltd sells units for Rs 4/bottle. The variable cost for the unit per bottle is Rs.2 and has a fixed operating cost of Rs 4000 and a fixed financing c...
__________ refers to the attitude that includes a questioning mind and a critical assessment of audit evidence.
Which of the following is an unconventional monetary policy tool used by the Reserve Bank of India?
There is no provision under Startup India initiative for sanctioning of funds to startups directly. However, Government of India has established a Fund ...
What will be the amount after 2 years on a Principal “P” if compounding is done on a quarterly basis?
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