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Scheduled Commercial Banks (SCBs) are permitted to undertake credit card business either independently or in tie-up arrangement with other card-issuing banks/NBFCs with the approval of their Boards and are required to hold 100 crores net worth in order to undertake the business
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
In pursuit of its vision to become an international financial centre of global stature, IFSCA has continuously engaged in deliberations with many global...
What would be the break even units if the Fixed Cost is Rs.1,00,000 and PV ratio is 25%. The company sells its product at Rs.60 per unit.
Annual Cost Saving ₹4,00,000; Useful life 4 years; Cost of the Project ₹11,42,000. The Payback period would be-
What is limited recourse financing?
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
Which of the following reasons prompted India to liberalize its economy?
I- high combined deficit of the central and state governments
II-...
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?
Under which of the scenarios, the investment decision between mutually exclusive proposals will differ as per NPV and IRR method?
A.Size of the t...
W Ltd. issued 8,000 shares of Rs.10 each at per. Amount called up Rs.4 on application, Rs.3 on allotment and Rs.3 on first and final call. Mr. R, a shar...
