Question
Which of the following is correct full form of IGMS with
reference to insurance sector?Solution
IRDAI launched theĀ Integrated Grievance Management System (IGMS)Ā in the year 2010. Ā·Ā Ā Ā Ā Ā Ā Ā Ā IGMS is a grievance redressal monitoring tool for IRDAI. Ā·Ā Ā Ā Ā Ā Ā Ā Ā It also facilitates a central repository of industry-wide insurance grievance data; Ā·Ā Ā Ā Ā Ā Ā Ā Ā Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first.Ā
If Current Ratio is 2.5:1 and Working Capital is ā¹1,50,000, what are Current Assets?
XYZ Ltd. has the following details: Equity Share Capital = ā¹50 lakhs, Reserves = ā¹20 lakhs, Long-term Debt = ā¹30 lakhs. EBIT for the year is ā¹18...
A company is evaluating its debt-equity mix. It observes that increasing debt reduces overall cost of capital up to a point, but beyond that the cost of...
A firmās balance sheet shows:
ā¢ Current assets: ā¹400 lakh
ā¢ Current liabilities: ā¹250 lakh
ā¢ Inventory: ā¹100 lakh
...Debt Equity Ratio 2:1; Total Assets ā¹15,00,000; Equity = ?
A company has Sales = ā¹40,00,000, Variable cost = ā¹24,00,000, Fixed cost = ā¹8,00,000, Interest = ā¹2,00,000. Calculate Combined Leverage.
From the following, calculate the Debt to Equity Ratio:
Share Capital: ā¹5,00,000; Reserves: ā¹3,00,000; Long-term Borrowings: ā¹4,00,000; Cur...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31ā3ā2023:
Company A and Company B both have a net income of ā¹5 crores. However, Company A has equity of ā¹50 crores while Company B has equity of ā¹20 crores....
What does the Basic Defense Interval ratio measure?
