Question
Match the following measures of money supply with their
correct descriptions: 1. M1 2. M2 3. M3 A. M1 + Savings deposits with post office savings banks. B. M1 + Savings deposits with banks. C. Currency with the public + Demand deposits with banks.Solution
M1 includes currency with the public and demand deposits (C), M2 includes M1 and savings deposits with banks (B), and M3 includes M1 and savings deposits with post office savings banks (A).
When the total of debit and credit are equal, it represents
Which of the following increases when a firm repurchases its own shares (treasury shares) and no other change occurs?
A trader wants to hedge their portfolio, which has a value of 20,00,000 by using S&P 500 futures contracts. The current price of one S&P 500 futures c...
How do Priority Sector Lending Certificates (PSLCs) help banks comply with RBI’s priority sector norms while balancing credit risk?
Under cash basis accounting, revenue is recorded when:
Consider the following for Q Co. for the year 2021-22:
• Cost of goods available for sale: ₹1,00,000
• Total sales: ₹80,000
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
In whose favour is the Doctrine of Indoor Management?
A budget that changes with the level of activity is a:
What is the standard deduction allowed on income from salaries under New Tax regime of Income Tax as announced in the Union Budget 2024-25?
