Question
What is the name of the short-term advance given by the
RBI to the government if it shows the negative balance?Solution
Wage and Means Allowance is the advance which the RBI extends as a short-term interest-bearing advance if the balance in the government account shows a negative position. The limit of this advance is decided and set at the beginning of each financial year.
Which of the following is NOT a difference between a commercial bank and a cooperative bank?
Regarding the Skill India Mission, consider the following statements:
1)Â Â Â Main focus of the Skill India Mission is Skilling, re-skilling,...
X Ltd. Forfeited 1,000 shares of Rs. 10 each for the non-payment of final call of Rs. 2. The account will be debited for called up price of a share at t...
Which of the following statements about the primary market is correct?
    1. It is a market for trading existing securities.
 ...
How does inflation in a country affect its currency's exchange rate?
All the following will be included in the company’s operating activities except:
An enterprise with investment in plant and machinery or equipment of Rs.9 crore and turnover of Rs.40 crore in FY22, records turnover of Rs.52 crore in...
'Risk-Tolerance' is best described by which of the following?
What is "Flipping" in the context of entrepreneurship?
If a company makes an offer of securities beyond the one-year validity period of the shelf prospectus, what is required?
