Question
______ has recently been awarded the global
‘Celent Model Bank’ award?Solution
IndusInd Bank has announced that it has been awarded the global ‘Celent Model Bank’ award under the category – ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH). The award acknowledges the Bank’s outstanding journey in creating a cloud-based central payments hub that is capable of seamlessly processing high transaction loads originating across all forms of payment instructions, and across all originating client touchpoints. About the award: The ‘Celent Model Bank’ is awarded for best practices of technology usage in different areas, that are critical to success in banking, and is the main award that a financial institution can receive from Celent – a leading research and advisory firm focused on technology for financial institutions, globally.
A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
A company’s ROE is 18%. Net profit margin is 12%, asset turnover is 1.5 times. Calculate the equity multiplier.
If net profit is ₹1,20,000 and total sales is ₹8,00,000, what is the Net Profit Margin, as per Vertical Analysis?
What does section 6 of the Income Tax Act deal about?
XYZ Ltd. buys software for ₹10 lakh, with a license period of 3 years. How should it treat this in books?
A company has a net profit of ₹5,00,000 and 1,00,000 equity shares outstanding at the beginning of the year. During the year, it issued 50,000 additio...
Under the head Income from other sources, Family pension received is exempted upto ______.
What is the primary objective of the Reserve Bank of India (RBI)?
Accounting has been referred to as the__________of business.
Application for cancellation of registration shall be submitted electronically in Form ______.
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