Question
Consider the following statements in regards to
Sberbank: 1) Sberbank is a government bank of Russia to get 1st FPI category 1 license from SEBI. 2) Sberbank’s India branch has been operating in New Delhi since 2020 3) Sberbank’s branch in India has been granted permission to set up an IT unit in Bangalore. Which of the following statements is incorrect?Solution
Sberbank’s branch in India has been granted permission by the Reserve Bank of India (RBI) to set up an IT unit in Bengaluru. The newly established IT office will serve as Sberbank’s in-house Data Processing Center. Sberbank’s India branch has been operating in New Delhi since 2010, offering a wide range of financial services, the new Bengaluru office will exclusively concentrate on developing information technologies.
   Debenture redemption reserve is transferred to which reserve:
Which of the following is the correct full form of REIT?
What is the minimum duration for which a Small Account can remain operational after opening, if the account holder has not furnished any Officially Vali...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
With effect from ______, the historic indirect tax reform- GST was introduced in India.
Under AS 6, which of the following cannot be considered a method of depreciation?
Concurrent audit is a part of:
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
As per recently published data of PIB related to 31st March 2023, How much Gross Merchandise Value (GMV) GeM has recorded in FY 2022-23?
Gross working capital refers to:
Relevant for Exams:
