Question
How often should the interest rate under the external
benchmark be reset?Solution
Reset of Interest Rates under External Benchmark As per External Benchmark Based Lending circular issued by RBI the interest rate under external benchmark shall be reset at least once in three months.
Two persons agree to exchange 100 grams of gold three months later at ₹ 400/gram. This is an example of:
Which of the following section deals with deduction in respect of Interest on deposits in savings/FD account in case of resident senior citizens?
What is the limit amount for deduction in respect of Medical/Health Insurance Premium under Section 80D of the Income Tax Act, 1961?
Which transaction results in flow of funds?
What is the required provisioning for under-construction Commercial Real Estate (CRE) loans as per RBI’s 2025 guidelines?
Under Walter’s model, if a firm’s return on investment (r) > cost of equity (ke), what should the firm do?
Under which section of the Income Tax Act, 1961, are the provisions related to TDS on interest other than interest on securities mentioned?
In relation to internal control, which of the following statements is/are correct?
(i) It is a continuous critical review of financial and operat...
Provision for Bad & Doubtful Debt is created in anticipation of actual bad debts on the basis of:
Under CGTMSE, what is the applicable Annual Guarantee Fee (AGF) for loans between ₹5–₹8 crore?
