Question
According to the data provided by the Reserve Bank of
India in Jan 2023, India's forex reserves increased by $1.727 billion to _______.Solution
  According to the data provided by the Reserve Bank of India, India's forex reserves increased by $1.727 billion to $573.727 billion.The foreign currency assets, a major component of the reserves, increased by $839 million to $506.358 billion. The gold reserves increases to $43.712 billion; Special Drawing Rights (SDRs) rose to $18.432 billion; country's reserve position with the IMF was down by $1 million to $5.226 billion.
A company has credit sales of ₹36,00,000 during the Financial Year 2024-25. The company offers a trade discount of 5% on all sales and receives part p...
Which form is required for preparing the Balance Sheet of an insurance company engaged in general insurance business?
On 1st Jan, X Ltd. purchased 1,000 debentures of ₹100 each in Y Ltd. at ₹105 cum-interest. Interest is payable on 30th June and 31st Dec @12% p.a. O...
For an NBFC-MFI (Microfinance Institution), what is the minimum proportion of its assets that must be in the form of microfinance loans?
Which initiative focuses specifically on promoting women entrepreneurs in the MSME sector?
The Reserve Bank of India has announced plans to shift away from the MIBOR benchmark. Which of the following represents the new benchmark rate proposed ...
Which of the following statements is correct?
IRR is a rate at which
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
A type of market in which securities with less than one year maturity are traded, is classified as
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