Question
What is the primary purpose of the Indian Financial
System Code (IFSC code) issued to International Banking Units (IBUs) as per the March 2024 IFSCA circular?Solution
The IFSC codes mentioned in the circular are to be used exclusively for cross-border remittances to IBUs and must not be used for domestic payment systems like NEFT or RTGS.
The RBI has allowed international trade settlement in rupees for which AD banks need to open ____________, in terms of Regulation 7(1) of Foreign Exchan...
If the intrinsic value of a share is less than the market price, which of the following is most reasonable to assume?
Which of the following is not done by a critical path network diagram?
As per the current FDI policy, the foreign shareholding in private sector banks is allowed up to?
Compute M2 supply of money from the following data:
Rupee revenue stamp is used for which amount in India?
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 Regulations 2024, the Board may establish sub-committees. What is the main purpose of these sub-committees?
In the banking parlance, CTS stands for –
A company manufactures a single product for which cost and selling price data are as follows:
Selling price per unit - Rs. 12
Variable cos...
