Question
The key areas to be monitored under the Revised Prompt
Correction Action framework of RBI does not include _____Solution
Capital, Asset Quality and Leverage will be the key areas for monitoring in the revised framework of Prompt Correction Action for Scheduled Commercial Banks. Indicators to be tracked for Capital, Asset Quality and Leverage would be CRAR/ Common Equity Tier I Ratio, Net NPA Ratio and Tier I Leverage Ratio respectively. The profitability ratio RoA has been removed as one of the parameters for Prompt corrective action, effective January 2022.
What is the provisioning requirement on a loan classified as a standard asset and given to an MSME enterprise?
A decreasing inventory turnover ratio typically indicates that a firm is:
State which statement is correct:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
A company has debt of ₹50 lakh at 10% interest, equity of ₹1 crore with cost of equity 15%, and tax rate 30%. Calculate the WACC (weighted by market...
The concept of Tax Treaty-Based Exemption (TTB) typically applies when:
Which form is used to claim ITC in GST returns?
Employees Provident Funds and Miscellaneous Provisions Act, 1952 applies to every establishment which is a factory engaged in any industry specified in ...
Which of the following statement is incorrect with respect to income under the head salaries?
SA 315 requires understanding the entity and its environment, including internal control, to identify risks of material misstatement. A new auditor is e...
