Question
From the following information of XYZ Ltd. for the year
ended 31st March, 2024, calculate the total Finance Costs: Interest paid on Term Loan: ₹2,50,000 Interest paid on Bank Overdraft: ₹35,000 Interest paid on Deposits: ₹75,000 Interest Received on Fixed Deposits: ₹25,000 Bank Charges: ₹9,500Solution
The total Finance Costs to be shown in the Statement of Profit and Loss includes: Interest paid on Term Loan: ₹2,50,000 Interest paid on Bank Overdraft: ₹35,000 Interest paid on Deposits: ₹75,000 Total Finance Costs = ₹2,50,000 + ₹35,000 + ₹75,000 = ₹3,60,000 Note: Interest received on Fixed Deposits and Bank Charges are not included in the Finance Costs.
Which bank has been awarded the global 'Celent Model Bank' award under the category – 'Payments System Transformation'?
What does the “C” stand for in LCR?
The first Chairman of Finance commission was
 In the new integrated food security scheme, Pradhan Mantri Garib _______Ann Yojana, what comes in the blank?
What does 'SLR' stand for in the context of banking regulations?
Lowering the value of a country's currency relative to a foreign reference currency is called:Â
Who is the author of the book ‘Revolutionaries’?
When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
Pradhan Mantri Ujjwala Yojana is related with
Which of the following statements is true?
I. The capital market is a market for securities (debt or equity), where companies and Government ca...
