Question
Which statements correctly describe the roles and
responsibilities of the Reserve Bank of India (RBI)? Statements: 1. The RBI formulates and implements India's monetary policy. 2. The RBI uses tools such as the repo rate and cash reserve ratio (CRR) to control inflation and manage liquidity. 3. The Ministry of Finance is responsible for setting the repo rate in India.Solution
The Reserve Bank of India is tasked with controlling the monetary policy of the country, utilizing instruments like the repo rate and CRR to regulate money supply and inflation. The repo rate is decided by the RBI's Monetary Policy Committee, not the Ministry of Finance.
An auditor resigns from a listed company. Within how many days must they file Form ADT-3?
Which of the following is classified as financing cash flow?
A company is planning a capital raise of ₹20 lakh, with 60% from equity (cost 16%) and 40% from debt (cost 10%). If the tax rate is 30%, calculate its...
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
Which of the following is not a payment product of NPCI?
A project has NPV of ₹5 lakh and standard deviation of cash flows is high. What does it indicate?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Which of the following is NOT a direct party to a Letter of Credit (LC)?
An enterprise consumes 25,600 units of a component annually. The order cost is ₹600 per order, and carrying cost is ₹12/unit/year. A supplier offers...
_________ is NOT a part of Monte Carlo Simulation.
