Question
When will the use of the PRAVAAH portal be mandatory for
all regulatory applications submitted to the RBI?Solution
Starting May 1, 2025, the use of the PRAVAAH (Platform for Regulatory Application, Validation and Authorisation) portal will be compulsory for all regulated entities to submit applications for licence, authorization, and approval to the RBI.
Who generates contract on GeM?
Withdrawal column of the Pass Book showed a wrong entry of Rs. 112. When the balance as per Cash Book is the starting point.
A company sells air-conditioners with a 2-year free maintenance service included in the contract. The customer pays the full consideration upfront at de...
5000 kgs of raw material were bought at Rs.2.5 per kg and 10% is normal waste. If recovery value of the normal waste is Rs.1.2 per kg, then find the cos...
Application Controls deal with controls related to:
GST is a consumption of goods and service tax based on
We can say that the business is in profit, when:
If an MSME moves to a higher category due to reclassification, for how many years can it continue to avail benefits of the previous category (non-tax be...
XYZ Ltd. buys software for ₹10 lakh, with a license period of 3 years. How should it treat this in books?
Which risk is a bank facing due to the mismatch between its assets and liabilities tenure?
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