Question
The Reserve Bank of India (RBI) has granted an
‘Infrastructure Finance Company (IFC)’ status to which renewable energy company?Solution
The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA). It was earlier classified as ‘Investment and Credit Company (ICC)’.With the IFC status, IREDA will be able to take higher exposure in Renewable Energy financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fundraising.
There can be variety of budget. Name the budget which relates to a particular function of the business.
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he re...
As at 31 March 2025, Ace Ltd. has long-term borrowings of ₹4,00,00,000, working capital loans of ₹1,00,00,000, and shareholders’ funds amounting t...
Which of the following are an auditor’s objectives with regard to verification of assets?
(i)Â Assets exist
(ii) Assets belong to the c...
Under the Expected Credit Loss (ECL) model, how are trade receivables without a significant financing component measured for impairment?
For a large infrastructure project, which of the following is typically the MOST expensive source of finance?
A corporate prefers issuing bonds instead of taking bank loans. What is the primary advantage?
In relation to Employee Stock Option Plans, which of the following statements are correct?
(i) Employee Stock Option Plans are increasingly being...
In the context of GeM, what is the full form of ‘PAC’?
Which of the following is NOT a leature of budgetary control?
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