Question
The RBI’s guidelines on the formation of new
districts in Madhya Pradesh, issued in January 2024, designated which bank as the Lead Bank for the newly formed district of Maihar?Solution
According to the circular "Formation of New Districts in the State of Madhya Pradesh," Indian Bank was assigned as the Lead Bank for the new district of Maihar.
Cost of equity is 15%, cost of debt is 10%, debt-equity ratio is 1:1, tax rate 30%. What is WACC?
An assessee is required to deposit how much % of advance tax liability on or before 15th June?
How much amount of exemption is allowed for gratuity if received at the time of retirement?
The per unit expenses of the ____(1) ___ portion of factory overhead varies with the volume of production while ___ (2)___ portion remains the same with...
XYZ Ltd. plans a buyback of 10 lakh equity shares at ₹200 each. Face value is ₹10. The company will use reserves for this. What impact will it have ...
In the context of MSMEs, what does SMAS stand for?
Which term refers to the specific rate of interest carried by a bond?
Under which of the following accounting systems, real & nominal accounts are ignored?
An entity recognizes a remeasurement gain from a defined benefit plan directly in OCI in the current year. Tax law in the jurisdiction allows a tax dedu...
XYZ Ltd. shows difference between written-down value of a depreciable asset in books (₹4 lakh) vs tax books (₹5.5 lakh). The corporate tax rate is 3...
