Question
Which among the following is not an associate or
subsidiary company of SIDBI?Solution
SIDBI has promoted and holds associations with several subsidiaries and joint ventures to strengthen the MSME ecosystem. • MUDRA Ltd was set up as a subsidiary to refinance micro-finance institutions and promote micro-enterprises. • RXIL Ltd (Receivables Exchange of India Ltd) is a Trade Receivables Discounting System (TReDS) platform promoted jointly by SIDBI and NSE. • SIDBI Venture Capital Ltd (SVCL) is a SIDBI subsidiary that manages venture capital funds supporting innovative MSMEs. • Acuite Ratings & Research Ltd, a credit rating agency, is also associated with SIDBI.
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
Which of the following statements about a Ceding Company in insurance is true?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?
Which section deals with TDS on cash withdrawals?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Goodwill is considered as:
Read the following information to answer the below questions:Â
What is the primary function of the National Payments Corporation of India (NPCI)?
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