Question
Which among the following is NOT a constituent of
Tier-II capital of banks according to BASEL Accord?Solution
Tier 2 capital must be at least 2% of RWAs on an ongoing basis. Tier 2 Capital: represents āsupplementary capitalā such as undisclosed reserves, revaluation reserves, general loan-loss reserves, hybrid (debt/equity) capital instruments, and subordinated debt of the financial institution. Tier 2 Capital is generally less reliable or secure than Tier 1 capital, and therefore must be considered separately when evaluating the riskiness of a bank. Capital reserve is a disclosed reserve and forms a part of the Tier I capital of the bank.
Which of the following is not a type of cash book?
Read the following information to answer the below questions:
When a simplified customer due diligence (CDD) is carried out for opening accounts of foreign students, what is the maximum cap on foreign remittances p...
Ā ______ is a system that focuses on activities as the fundamental cost objects and uses the cost of these activities for compiling the costs of product...
ā¦ā¦.. of an asset is the estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated costs of di...
āāInterest accrued & due on debenturesāā is shown ...................... .
Which of the following is NOT a component of working capital?
Match the following:
The profit is 50% on sales. What is its percentage on cost?
The main objective of cost accounting is _______.
