Question
What is the loan amount in the education sector for
studying abroad that is included in the Priority Sector by the RBI?Solution
Education is one of the priority sectors identified by the RBI. Under the Priority Sector Lending guidelines, loans upto Rs 10 lakhs to the individuals for educations purposes including the vocational courses to study in India and upto Rs 20 lakhs for studying abroad are identified under the priority sector by the Reserve Bank of India.
If tax rate changes, which of these statements is true for deferred tax?
A customer purchases a general insurance policy covering fire and burglary. The insurer charges a premium of ₹50,000 for the annual coverage. As per p...
A solvency margin breach is cured via capital infusion after reporting date but before approval. How to report?
When preparing a projected balance sheet for year (n + 1), which of the following data is NOT essential?
If the shareholder has purchased a share when the market price is Rs.50 and sold after a year to Mr. B at 55 and he has received the dividend of Rs.10, ...
ERP systems help in integrating information flow across:
The National Trade Portal (NTP) for issuance of bills and trade documentation was designed to facilitate:
The parties to a promissory note are:
The Quick Ratio (or Acid-Test Ratio) is a more stringent measure of liquidity than the Current Ratio because it:
What duties are taxes on intra-State supplies?
