Question
The IRDAI introduced new guidelines for which aspect of
travel insurance in early 2025?Solution
Explanation: The Insurance Regulatory and Development Authority of India (IRDAI) introduced new guidelines to make domestic trip insurance more inclusive and customer-friendly, focusing on travel disruptions and increased benefits for domestic travelers.
According to RBI guidelines (aligned with Basel norms), what is the minimum Capital to Risk-Weighted Assets Ratio (CRAR or CAR) that scheduled commercia...
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
A MSME start-up is eligible for priority sector loan of up to Rs. _________
Shyam Ltd. acquired a new machinery for ₹ 1,00,000 that is depreciable at 20% as per AS 6 WDV method. The machine has an expected life of 5 years with...
As per AS 10 (Revised) ‘Property, Plant and Equipment’, an enterprise holding investment properties should value Investment property:
X Ltd. forfeits shares for non-payment of final call. These are reissued at a discount. Where is the discount adjusted?
In the cash flow statement, ‘cash and cash equivalents’ do not include:
Consolidated Financial statements are covered under which of the following accounting standards?
An insurance company enters into an agreement with another insurer to transfer a portion of its risk portfolio relating to catastrophic losses. This agr...
A retailer holds seasonal fashion inventory purchased at ₹20 lakh. At year-end, expected selling price is ₹25 lakh, but estimated selling costs are ...
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