Question
National Payments Corporation of India (NPCI) was
founded in the year 2008 under which of the following act?Solution
- National Payments Corporation of India (NPCI) is an initiative taken by the Reserve Bank of India (RBI) and Indian Bank’s Association (IBA).
- This organisation was founded in the year 2008 under the Payment and Settlement Systems Act, 2007.
- NPCI has been incorporated as a ‘not for profit’ company under section 8 of Companies Act 2013.
Calculate net working capital?
Bharat Interface for Money is an example of a __________.
Which of the following variances is NOT a part of material cost variance?
The expired portion of capital expenditure is shown in the financial statements as:
XYZ Ltd. purchases raw materials for ₹5,00,000 and pays transportation charges of ₹50,000 and GST of ₹90,000. The GST is recoverable. What amount ...
Which of the following statements is true with regard to declaring and issuing of Bonus Shares?
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
What is the first step in the accounting cycle?
What is the standard TDS rate applicable to interest on securities as per Section 193 of the Income Tax Act, 1961?
In relation to the condition for the issue of equity shares with differential rights:
The share with differential rights shall not exceed ______ ...