Question
Which of the following is a India’s First Microfinance
Credit Bureau Database?Solution
High Mark was founded by Dr. Anil Pandya as a start-up credit bureau in 2007 with a vision of setting up India’s most comprehensive and most inclusive credit bureau. High Mark commenced its bureau operations in March 2011, immediately following the receipt of Certificate of Registration (CoR) from the Reserve Bank of India (RBI) to operate as a Credit Information Bureau in India in 2010. CRIF acquired majority stake in High Mark in mid-2014. Following the acquisition, High Mark Credit Information Services was renamed CRIF High Mark Credit Information Services, bringing together advanced identity management technology from its existing research team and drawing global best practices in top tier bureau technology from CRIF S.p.A, with an aim to create an one-stop solutions provider for entire credit life-cycle.
With respect to AS 13 relating to Accounting for Investments, which of the following statement is incorrect?
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
"Anticipate no profit and provide for all possible losses". It is based on the convention of:
The effective interest method is used to:
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
Which of the following is a key principle of the "Canon of financial propriety"?
For demand drafts, pay orders, or banker’s cheques of ₹50,000 and above, which requirement must be fulfilled as per banking guidelines?
A company has current liabilities of ₹5 lakh and current assets of ₹6 lakh. Inventory is ₹2 lakh. What is the quick ratio?
A budget that outlines the planned expenditures for major capital assets like machinery and buildings is the:
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