Question
Which type of reserves are not to be included for the
calculation of Capital for Capital adequacy norms?Solution
All of the above reserves need to be added to the capital for the purpose of calculation of Capital adequacy for the banks
The average due date technique of payment may be used:
Which of the following is NOT a business transaction?
a. Bought furniture of ₹20,000 for business
b. Paid for salaries of employees ₹5...
ARP is a manufacturing concern. It came to you with the following details to know its profit:
Variable Cost: ₹ 50,000
Fixed Cost ₹ 20,...
What is the 'Front Office' primarily responsible for in a Bank’s Treasury?
What banking transaction involves the exchange of one currency for another at the prevailing exchange rate?
A statutory auditor of a company needs to report fraud/suspected fraud within _____ of his/her knowledge of the fraud.
X & Y share profits in the ratio of 1: 4. Z has been admitted with ½ shares in profits. What will be the new profit sharing ratio of the partners?Â
 Internal auditor is removed and appointed by which among the following?
A company has EPS ₹10 and number of shares 1,00,000. Net profit is:
What does the term "Surrender Value" signify in the context of insurance policies?