Question
As per revised RBI guidelines, a loan account classified
as SMA-2 is overdue for how many days?Solution
RBI defines Special Mention Account (SMA) categories as: • SMA-0: 1–30 days • SMA-1: 31–60 days • SMA-2: 61–90 days overdue
As per Companies Act, 2013, it is mandatory to have a women director on the Board of a public company with paid up share capital of _____
On 1st Jan, X Ltd. purchased 1,000 debentures of ₹100 each in Y Ltd. at ₹105 cum-interest. Interest is payable on 30th June and 31st Dec @12% p.a. O...
How many digits are there in an IFSC code used to transfer money using NEFT?
'Test Checking' in an audit refers to:
A trader has current assets of ₹6,00,000, including ₹80,000 cash, ₹1,20,000 accounts receivable, ₹3,00,000 inventory, and ₹1,00,000 marketable...
What is the due date for filing GSTR-9, the annual return, as per GST law?
The primary benefit of an ERP system's integrated database is that it:
Company XYZ has purchased a new machinery to expand its production capacity. This purchase of Fixed Asset will _________
Under which menu heading does a balance sheet fall in Tally ERP 9?
A bond with face value ₹1,000 pays 8% annual coupon. If market yield for similar bonds is 10%, price of the bond (approx) will be:
Relevant for Exams:
