Question
According to the IFSCA Circular on facilitating
investments by NRIs and OCIs (May 2024), what is the minimum number of investors required for a retail scheme launched by Fund Management Entities (FMEs) under Route 2?Solution
The circular mandates that each scheme launched under Route 2 must have at least 20 investors, with no single investor contributing more than 25% of the fund.
Which among the followings has the authority to govern Merchant banking in India?
W hat percentage of the projected annual turnover is typically used to calculate the working capital requirement , u nder the Simplified Turnover Method?
What is the percentage stake acquired by Bank of India in CCIL IFSC?
The opinion section of the auditor report shall _____
How many stressed accounts have been identified for transfer to NARCL (National Asset Reconstruction Company Limited) in a phased manner initially
Which of the following correctly describes the nature of a plant manager’s salary?
Which of the following is NOT one of the seven priorities on which the budget proposal of 2023-24 rests?
Which of the function’s main aim is putting right persons at the right job?
ABC Ltd’s purchases during the year were Rs 200000. The balance sheet shows an average accounts payable balance of Rs 15000. ABC’s payables period a...
When Sales are 360000, and GP ratio is 50% and the average inventory is 90000, what is the inventory turnover ratio?