Question
Which type of message format is recommended by the IFSCA
for faster processing of credit confirmation, as per the circular issued in January 2024?Solution
The IFSCA advises using the MT 910 (Confirmation of credit message) format instead of MT 940 for faster processing of cross-border payments and credit confirmation.
According to the Companies Act, which of the following statements accurately describes the rules regarding the issuance of shares at a discount?
A Micro or Small Enterprise may be said to have become Sick, if any of the borrowal account of the enterprise remains NPA for ________ months or more.
As per the recently (Sep 2022) changed rules by SEBI any shareholder can use the OFS route as long as they are selling shares worth over __________.
Using the following data, calculate the Economic Order Quantity (EOQ) for the consumption of materials:
Annual consumption: 10,000 kg
C...
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
According to the IFSCA (BATF) Regulations 2024, how much office space must a BATF Service Provider allocate per employee in t he IFSC?
An account that a correspondent bank holds on behalf of another bank is called:
What was the estimated total business of State Bank of India (SBI) in FY24?
What is the purpose of financing for public-private partnerships?
The country’s retail inflation had crept above the RBI’s tolerance range in January 2022. It remained above the target range for ten months before r...
