Question
Which among the following companies was recently fined
by RBI for failing to obtain two independent valuation reports before sanctioning loans of ā¹75 lakh and above?Solution
Godrej Housing Finance was fined ā¹5,00,000 by RBI for not obtaining two independent valuation reports before sanctioning loans of ā¹75 lakh and above, as per the National Housing Bank Act, 1987.
As at 31 March 2025, Ace Ltd. has long-term borrowings of ā¹4,00,00,000, working capital loans of ā¹1,00,00,000, and shareholdersā funds amounting t...
A retailer holds seasonal fashion inventory purchased at ā¹20 lakh. At year-end, expected selling price is ā¹25 lakh, but estimated selling costs are ...
Which of the following is a condition that makes a fixed budget suitable?
The Credit Guarantee Fund for Micro Units (CGFMU), which supports MUDRA loans, is managed by:
Annual Lettable Value = ā¹3,60,000
Municipal Taxes = ā¹30,000
Interest on Housing Loan = ā¹2,50,000
Compute taxable income under...
As per Schedule III of Companies Act, which of the following is not shown under āOther Current Liabilitiesā?
What is the primary purpose of the Foreign Account Tax Compliance Act (FATCA)?
What is the CAPM?
Sunita accepted a 90 days bill of Rs. 20,000/- drawn by Vinita on 05.02.2017. On 13.03.2017 Sunita wished to retire the bill. Vinita offered rebate @ 1...
Which inventory method is banned as per Ind AS?
