Question
What was the primary goal of the Reserve Bank of India's
announcement regarding Continuous Clearing of Cheques under the Cheque Truncation System (CTS)?Solution
The RBI's Continuous Clearing of Cheques under CTS aims to reduce settlement risk, improve efficiency, and enhance the customer experience by allowing cheques to be cleared within hours instead of the current two-day period.
DuPont analysis is:
Forfeiture of shares occurs when a shareholder:
Which of the following statement is correct?
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm budgeted sales of ₹120 lakh but achieved actual sales of ₹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
What is the primary objective of CARO?
In a manufacturing entity, the cost of abnormal waste is:
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
What is the CAPM?
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