Question
An account should be treated as 'out of order' if the
outstanding balance remains continuously in excess of the sanctioned limit/drawing power for……Solution
An account should be treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power for 90 days. In cases where the outstanding balance in the principal operating account is less than the sanctioned limit/drawing power, but there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, these accounts should be treated as 'out of order'.
Walraw’s Law states the following:
In the case of cost-push inflation, other things being equal:
Hirschman takes divergent series of investment as a project that :Â
For the following MA (3) process y t  = μ  + Ε t  + θ 1 Ε t -1  + θ 2 Ε t -2  + θ 3 Ε t -3  , where σ t  is a ze...
What happens in long run under monopolistic competition?
Which of the following statements is not true regarding CRISIL ?
The gross fiscal deficit is Â
Which of the following statements is true
GNP exceeds NNP by:
The value of expenditure multiplier when marginal propensity to save is 0.4 is