Question
GH Ltd took a term loan of Rs.24 crore for a period of
20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. The projected Net Operating Income is ₹3 crore and ₹4 crore in the first and second year respectively. What is the Debt Service Coverage Ratio (DSCR) of GH Ltd in second year?Solution
Debt repayment each year = 24 crore/20 years = 1.2 crore Interest in 1st year = 10% of 24 crore = 2.4 crore Interest in 2nd year = 10% of (24-1.2 crore) = 2.28 crore Debt obligation in 2nd year = Debt repayment + Interest = 1.2 + 2.28 = 3.48 crore Net Operating Income in 2nd year = 4 crore DSCR = Net Operating Income / Debt Obligation = 4/3.48 = 1.15 crore
SVEEP is the flagship program of which of the following organisation?
Which of the following airports of India had won 'Covid champion' award at Wings India 2022?
M₂ is one of the measures of money supply. M₂ is the sum of M₁ + _________.
Where is India's first Night Sky Reserve, proposed as the Dark Sky Reserve, located?
The aggregate demand in an economy severely outweighs the aggregate supply, is a situation occurs in which type of inflation in the economy?
Few renowned artists of __________ dance style in India are Roshan Kumari, Shovana Narayan, Maya Rao and Kumudini Lakhia.
Recently RBI hikes collateral free loans to SHGs under DAY-NRLM to Rs ______.
'Golden Revolution' is related to ________.
Consider the following statement about Indian Army:
1. Indian Army has inaugurated a Vertical Wind Tunnel (VWT) in October 2023
2. This tu...
The United Nations Convention on the Law of the Sea (UNCLOS), is an international agreement that establishes the legal framework for marine and maritime...
