Question
For many rupees, RBI will issue the Sovereign Green
Bonds?Solution
The Reserve Bank of India announced that it will sell sovereign green bonds worth Rs 16,000 crores, in two tranches of 8,000 crores each. The auction proceeds, which will be conducted on January 25 and February 9, 2023, will be used to fund public-sector projects that reduce the economy's carbon intensity. Green bonds are issued by any sovereign authority, inter-governmental organizations or alliances, or corporations with the intention of using the bond profits to fund ecologically friendly initiatives.
A firm’s EBIT is ₹5,00,000, interest expense is ₹1,00,000. What is the Degree of Financial Leverage (DFL)?
"Window Dressing" in accounting refers to:
The difference between the total debits and total credits of an account is called:
The law of demand states that, other things being equal:
Prepaid Rent appearing in the Trial Balance is treated as:
Which accounting principle/concept states that revenue should be recognized when it is earned, regardless of when cash is received?
The "Matching Principle" requires that:
The primary objective of financial accounting is to:
Goodwill is a/an:
If an asset is purchased for ₹1,00,000 with a residual value of ₹10,000 and a life of 9 years, the annual depreciation under the Straight Line Metho...