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A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The segregation is based on the liabilities and assets an NBFC has and the kind of activities it has been engaged in.
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A shopkeeper purchased an article for Rs. ‘a’ and marked it 150% above its cost price and sold it after giving two successive discounts of 250 and 2...
A shopkeeper sells an article for Rs 78 and earns twice the profit that he would have earned on selling this article for Rs 50. Find the C.P of t...
A shopkeeper bought an article for Rs. 250. He sold it at profit 20% after allowing a discount of 20%. If instead he had sold it at 12% discount, then f...
The profit made by selling an item for Rs. 1740 is double the loss incurred when it is sold for Rs. 1305. At what price should th...
