Question
The Reserve Bank of India has updated the Alert List of
unauthorised forex trading platforms wherein it has added 19 19 more entities, including FX SmartBull, Just Markets, and GoDo FX.What is the total number of entities after the current addition ?Solution
The Reserve Bank has updated the 'Alert List' of unauthorised forex trading platforms by adding 19 more entities, including FX SmartBull, Just Markets, and GoDo FX, taking the total to 75. The other entities added to the list are Admiral Market, BlackBull, Easy Markets, Enclave FX, Finowiz Fintech, FX SmartBull, Fx Tray Market, Forex4you, Growing Capital Services, and HF Markets. Other platforms are HYCM Capital Markets, JGCFX, PU Prime, Real Gold Capital, TNFX, Ya Markets, and Gate Trade.
Which of the following is a limitation of financial statements?
Debt Service Coverage Ratio is calculated as:
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated i...
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
A firm has sales of Rs. 50,00,000, variable costs of Rs. 30,00,000, and fixed costs of Rs. 10,00,000. It has debt of Rs. 20,00,000 at 10% interest. What...
A company has Rs. 20,00,000 equity (Ke = 15%) and Rs. 10,00,000 debt (Kd = 10% post-tax). Calculate Weighted Average Cost of Capital (WACC).
₹200 paid as wages for erecting a machine should be debited to:
A company is evaluating its debt-equity mix. It observes that increasing debt reduces overall cost of capital up to a point, but beyond that the cost of...
A company's EBITDA is ₹18,00,000, depreciation ₹2,00,000, interest ₹1,00,000, tax 30%. Net profit after tax (approx) is:
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...
