Question
The Asset Reconstruction Companies (ARCs) in India are
established as per the provision of which among the following?Solution
The Asset Reconstruction Companies (ARCs) are formed as per the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002. Any loan with an outstanding amount of Rs 1 lakh or more will come under the purview of ARCs. RBI has the authority to issue licenses to such companies. Asset Reconstruction Company of India Limited (ARCIL) is the first asset reconstruction company in India.
A country is said to be experiencing a Current Account Deficit when _____
What is limited recourse financing?
Systemically Important NBFCs are:
The bailment of goods as security for payment of debt or performance of a promise is called:
Marketable securities are primarily:
A company incurred direct material costs of Rs.100,000, direct labour cost of Rs.68,000, variable overheads of Rs.24,000 and fixed overheads of Rs.1,50,...
Calculate Operating Ratio:
The risk that the bank will not receive funds from its counter-parties on the due date is called
The contributions of additional amount of Rs.50,000 towards NPS is allowed deduction under which section of the Income Tax Act?Â
For up to how many years can the excess CSR spending be set off against the CSR expenditure of the succeeding financial years?
