Question
What was the total annual gold purchase by the RBI in
2024?Solution
In 2024, the Reserve Bank of India (RBI) purchased 77 tonnes of gold, marking a significant increase in its gold reserves. This is part of the RBI's strategy to diversify its foreign exchange reserves amid global economic uncertainties.
The loss of profit policy normally covers the following items:
(a) Loss of profit
(b) Standing charges
(c) Any increased cost of wo...
A company reports the following data for the year:
• Net Profit before tax and extraordinary items: ₹12,00,000
• Depreciation: ₹2,...
According to Ind AS 16 - Property, Plant and Equipment, what is NOT considered when determining the cost of self-constructed assets?
Bonus issue is also known as
The provisions on ________ assets should not be considered while arriving at net NPAs.
The 'Goods and Service Tax Act came into force on :
An investment project costs ₹1,00,000 and is expected to generate cash inflows of ₹30,000 per year for 5 years. If the cost of capital is 10%, deter...
Which of the following statements about a Ceding Company in insurance is true?
A business has monthly cash inflows of ₹10 lakh and monthly outflows of ₹12 lakh. What is the working capital requirement as per the Cash Budget Met...
A project has an expected NPV of ₹5 crore, a standard deviation of ₹2 crore, and a coefficient of variation of 0.4. If the company has another proje...
