Question
Which one is the name given to the foreign currency
account maintained by a bank abroadSolution
A Nostro Account is an account denominated in a foreign currency established through local bank at a bank in the respective country of the currency desired. The terms "nostro" and "vostro" are derived from Latin terms meaning "ours" and "yours" respectively.
A company transfers semi-finished goods from Process 1 to Process 2. Normal loss in Process 1 is 10%. If 10,000 units are input and 8,800 units are tran...
An investor deposits â‚ą50,000 in an account offering 8% compound interest annually. What will be the maturity value after 3 years?
The parties to a promissory note are:
Which of the following commodities are kept outside the scope of GST?
(i) Fresh milk and pasteurised milk
(ii) Soyabeans seeds
(iii...
RXIL (Receivables Exchange of India Ltd.) is a joint venture of which two institutions?
Which of the following best describes “Drawing Power (DP)” in the context of a Cash Credit facility given by a bank?
Which of the following categories of inventory are typically reported by a company in its financial statements?
The audit that is made compulsory under statute is called _________.
With respect to AS 13 relating to Accounting for Investments, which of the following statement is incorrect?
Under the PM Vishwakarma Scheme, collateral-free credit can be provided up to ____________ in the first tranche to artisans and craftspeople identified ...
