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Statement 1 is correct as bullion refers to precious metals like gold, silver, or platinum that are valued by weight and purity. Statement 2 is incorrect as bullion can be in the form of bars, ingots, or coins, and is not limited to just coins or jewelry.
The purpose of trial balance is to know about the :
A leader must match the leadership style according to the readiness of subordinates. This is true as per which of the following theory?
Which statement answers the question “Why a company exists?”
Training is seen as only a cost by those organisations employing?
Which participant is not involved in invoice discounting on TReDS?
What is the risk weight assigned to CRE-RH loans?
The income from the transfer of digital assets shall be taxed at ______?
Which credit rating agency, specifically catering to micro, small, and medium enterprises (MSME) in India, offers comprehensive services?
What is the total backstop facility provided by the Corporate Debt Market Development Fund (CDMDF)?
Which of the following is an endogenic factor influencing morale in an organisation?