Question
COGS = ₹18,00,000 Average Inventory =
₹3,00,000 Inventory Turnover Ratio = ?Solution
ITR = COGS / Avg Inventory = 18L / 3L = 6 times
With reference to ‘International Investment Position (IIP)’, consider the following statements:
1.India has a negative Net IIP.
2.The ...
Under the Stand-Up India Scheme, banks are required to provide loans to which category of entrepreneurs?
Which of the following statements about life insurance in India is/are incorrect?
1) The Life Insurance Corporation of India (LIC) was establi...
Which of the following is NOT a benefit of career development and management systems for managers?
Price risk is the risk of a decline in the value of a security or a portfolio. How can one transfer price risk?
A bank has ₹100 crore in gross advances, out of which ₹4 crore are classified as NPAs. What is the Gross NPA ratio?
Which of the following statements is correct?
Value at Risk (VaR) is a widely used risk management tool. A limitation of the VaR approach to measuring risk is that it fails to specify:
In India, RBI gives permission to an entity to act as authorized dealers (AD) in foreign exchange. Commercial Banks fall under which category of ADs?...
Under written down value method of Depreciation, the WDV of the asset is always:
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