Question
To enhance reliability on stock valuation and minimize
divergence arising from differences in assessment of security value, which of the following measures is mandatory for NPAs with a balance of ₹5 crore and above?Solution
To address the issue of divergence in the assessment of security value, it is mandatory for NPAs with a balance of ₹5 crore and above to undergo stock audit at annual intervals by external agencies appointed as per the guidelines approved by the Board. This measure aims to enhance the reliability of stock valuation. Additionally, collaterals such as immovable properties charged in favor of the bank should be valued once in three years by valuers appointed as per the guidelines approved by the Board of Directors.
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
Current ratio of a firm is 2. If current liabilities are ₹1,20,000, then current assets are:
The most difficult type of misstatement to detect fraud is based on __________.
Which of the following is a key requirement from each department for the implementation of Zero-Based Budgeting (288) in an organisation?
As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
Calculate the number of employees in the beginning and at the end of the year from the following information.
Labor turnover rate = 2%
No....
ICDS III deals with which of the following:
Capital expenditure results in:
To save a workbook, __________ function key should be pressed.
Under IFRS 13, which level of the fair value hierarchy uses observable inputs other than quoted prices?
