Question
A country may allow foreign direct investment and
portfolio investment but restrict the repatriation of capital or the issuance of foreign currency-denominated debt. This is an example of __________.Solution
Partial capital account convertibility: In this type of capital account convertibility, certain categories of transactions are allowed, while others are restricted. For example, a country may allow foreign direct investment and portfolio investment but restrict the repatriation of capital or the issuance of foreign currency-denominated debt.
Which term refers to the specific rate of interest carried by a bond?
The 'Wealth Maximization' objective of financial management is considered superior to 'Profit Maximization' because it considers:
In an organization, the actual sales were ₹10 lakh while the budgeted sales were ₹12 lakh. The cost was ₹6 lakh vs budgeted cost of ₹7 lakh. Wha...
The primary objective of Working Capital Management is to:
Which accounting concept requires that expenses be matched with revenues?
The Miller-Orr Model is used to manage:
What is the limit of deduction allowed under section 80TTA of the Income Tax Act?
Company A and Company B merge to form Company AB. Assets and liabilities are taken over at book value, and shareholders of both companies continue to ha...
Which of the following is not an input device for a computer?
The matching of revenue and related expenses gives which of the following?
