The Centre has extended the GST Compensation Cess till March 31, 2026. The extension, which was earlier approved by the GST Council, is necessary to repay the principal and service the interest cost of the loans taken in FY21 and FY22 to compensate states for the shortfall in guaranteed GST revenues.
The Risk based supervision (RBS) for banks was introduced in 2012 by RBI. Which of the following is correct regarding RBS?
Under which method of depreciation, the value of a fixed asset is reduced uniformly over its useful life?
Under the revised framework for Commercial Papers (CPs), what is the requirement for settlement of primary issuance of CPs in terms of time?
What significant role has BSE Limited been recognized for by SEBI in a recent circular, and what are its responsibilities under this recognition?
The Cash Reserve Ratio (CRR) is the percentage of a bank's deposits that it must maintain as reserves with which entity?
1) Reserve Bank...
What must a company do with the amount of the dividend, including interim dividend, once it is declared?
Vivek is a foreign exchange dealer. He enters into a forex position and forgets to square the over bought position in a foreign currency. Which of the f...
Which of the following statements about life insurance in India is/are incorrect?
1) The Life Insurance Corporation of India (LIC) was establi...
Which of the following statement is not true:
Which of the following is the correct full form of CAS, in the context of mutual funds and securities?
