Question
A business follows the FIFO method of inventory management and undertook the following inventory transactions during the year : Opening Stock: 100 0 units @ ₹10 0 Purchases: 200 0 units @ ₹12 0 Sales: 250 0 units W hat is the closing inventory value of the business ?
More Current Financial Awareness Questions
- Which framework is used for resolution of stressed assets?
- A leader consistently emphasizes emotional bonds, conflict resolution, and psychological safety within their team. They actively avoid hierarchical distinc...
- World Economic Outlook is the biannual publication of which of the following institution ?
- Which is the biggest International Financial Services Centres in the globe?
- Which of the following defines Inter-Operable Regulatory Sandbox (IoRS)?
- Differential Rate of Interest Scheme (DRI) limits: The maximum loan provided under the DRI scheme is Rs. ____ by way of term loan and/or working capital.
- An Alternate Director can be appointed in place of a director who has been absent for a period of not less than ______ from India.
- Recently PM Modi opens 75 digital banking units, which of the following public sector bank opens highest number of Digital Banking Units?
- In the Budget 2021-22, finance ministry allotted 16.5 lakh crore for agriculture. What is amount allotted in agriculture in the Budget 2020-21?
- Which flagship programme directly promotes women’s self-employment, social mobilization, and sustainable livelihoods in rural India?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)