Question
Which of the following type of Preference share will not
be treated as Tier II capital?Solution
Preference shares may be of the following types: ·        Perpetual Non-Cumulative preference shares (PNCPS) ·        Perpetual Cumulative preference shares (PCPS) ·        Redeemable Non-Cumulative preference shares (RNCPS) ·        iv)Redeemable Cumulative preference shares (RCPS) Perpetual Non-Cumulative Preference Shares (PNCPS) would be eligible to be treated as Tier I capital. Perpetual Cumulative Preference Shares (PCPS), Redeemable Non-Cumulative Preference Shares (RNCPS) and Redeemable Cumulative Preference Shares (RCPS) would be eligible to be treated as Tier II capital.
Which of the following statements best describes a journal in accounting?
A gave 60% of amount to B. B gave 40% of amount received from A to C. If amount received by C from B is Rs.192, then find the amount received by B from A.
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2.   Di...
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the FRBM act requires the gover...
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