Question
What is the objective of the pact signed between RITES
and Indian Railway Finance Corporation (IRFC)?Solution
RITES has signed a pact with the Indian Railway Finance Corporation (IRFC) to explore possibilities of collaborating in the railway ecosystem and transport infrastructure sector.RITES will offer consultancy and advisory services and assist in ascertaining the financial & technical viability of projects, while IRFC will provide financial services to projects/ institutions that have got backwards and forward linkages with the Railways.
Which of the following best describes a "nominee director" in a company?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, what is the Margin of safety in Qty if the budgeted units are 1,00...
XYZ Ltd. purchases raw materials for ₹5,00,000 and pays transportation charges of ₹50,000 and GST of ₹90,000. The GST is recoverable. What amount ...
Money market is a market for ___ (1) ___ funds having maturity of ___ (2) ___.
The cost that is concerned with the determination of the cost of each activity rather than the process is called:
Under which type of Letter of Credit (LC) is advance payment allowed to the beneficiary before shipment?
A company’s estimated tax liability for FY 2024–25 is ₹20 lakh. It has already paid ₹4 lakh in the first installment (15 June). Calculate the am...
If a financially stressed company raises funds through a preferential issue of shares (under SEBI relaxations), what will be the impact on its Debt/Equi...
A firm has the following details:
• Raw material holding: 25 days
• WIP: 15 days
• Finished goods: 20 days
• Receiva...
Which state was declared India’s first fully literate state in 2025?
