Question
What is the maximum gap allowed between two settlements
for unutilized client funds held by Broker Dealers, as per the IFSCA Circular of March 14, 2024?Solution
Broker Dealers are required to settle unutilized client funds, and the gap between two settlements should not exceed 30 days for monthly settlements and 90 days for quarterly settlements.
What are the basic parameters required for stabilizing ALM of bank?
             I.       Net Interest Margin
   ...
ABC Ltd stated the reason of poor performance of the company was the unsystematic risks faced by it in the current financial year. Which of the followin...
The concept of morale refers to:
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
Which of the following is/are the basic component(s) of financial risk?
A 'Deferred Tax Asset' is created when:
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
Private placement of securities, as provided under the Companies Act, which of the following statements is correct?
Which of the following is NOT a Core Industry of India?
Which of the following is a primary difference between investment banking and merchant banking ?