Question
______________shall require licence from the Authority
to set up a Banking Unit in an International Financial Services Centre as per Rule 3 of the IFSCA (Banking) Regulations, 2020Solution
Rule 3. Requirement of licence to set up a Banking Unit: Indian Banks and Foreign Banks shall require licence from the Authority to set up a Banking Unit in an International Financial Services Centre.
A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation...
The first Annual General Meeting of the company shall be held ______________
Which metric is commonly used to evaluate a company’s operational efficiency?
A project has IRR of 14% and NPV of ₹5 lakhs at 10% cost of capital. If cost of capital rises to 16%, what will happen to NPV?
Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
Which of the following account has a Credit Balance?
Read the following information to answer the below questions:Â
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
