Question
Above what amount of aggregate exposure banks have to
furnish credit information to Central Repository of Information on Large Credits (CRILC) under PCR?Solution
The banks have to furnish credit information to CRILC on all their borrowers having aggregate fund-based and non-fund based exposure of ₹ 5 crores and above. Currently, there are multiple granular credit information repositories in India, with each having somewhat distinct objectives and coverage. Within RBI, CRILC is borrower level supervisory dataset with threshold in aggregate exposure of ₹ 5 crore.
As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
The delivery of goods by one person to another as a security for the payment of a debt is called__________.
A’s acceptance to B for Rs. 5,000 is discharged by a cash payment of Rs.3000 and a new bill is drawn for the balance plus Rs.100 for interest. The am...
Audit of accounts by the staff of the business is known as:
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he re...
Under the head Income from other sources, Family pension received is exempted upto ______.
Which of the following pair is wrongly matched?
A firm has a current ratio of 2.5 and quick ratio of 1.2. Its current liabilities are ₹4 lakh. What is the value of inventory?
Which Indian Accounting Standards (Ind AS) deals with "Financial Instruments"?
