Question
What is the primary regulatory body responsible for
overseeing financial institutions in Hong Kong?Solution
The primary regulatory body responsible for overseeing financial institutions in Hong Kong is the Hong Kong Monetary Authority (HKMA). It is responsible for maintaining the stability and integrity of the Hong Kong monetary system, and ensuring the soundness of the banking system in Hong Kong.
An unfavourable material usage arises because of:
Which category of banks has the highest Priority Sector Lending (PSL) target as a percentage of Adjusted Net Bank Credit (ANBC)?
Financial management is generally concerned with the procurement, allocation and control of financial resources of a concern. Its objectives can be:
...A general insurance company reports the following:
• Premium earned: ₹100 crore
• Claims paid: ₹70 crore
• Claims outstan...
Debentures of ₹5,00,000 are redeemed at 5% premium. Redemption fund has ₹4,50,000. Balance is met by fresh issue of equity shares. Fresh issue requi...
Which of the following errors will not affect the trial balance?
Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than ______, except ...
What is a primary condition under RBI guidelines for REs when onboarding non-resident customers with limited KYC documentation?Â
In the PM Vishwakarma Scheme, artisans are provided with a toolkit grant of how much?
A company’s debt-to-equity ratio is 3:1, and it faces a high interest burden. What does this suggest about the financial structure?
