Question
The theory which states that exchange rates between
currencies are in equilibrium when their purchasing power is the same in each of the two countries, isSolution
The alternative to using market exchange rates is to use purchasing power parities (PPPs). The purchasing power of a currency refers to the quantity of the currency needed to purchase a given unit of a good, or common basket of goods and services.
Which of the following statements correctly describes the Risk-Based Supervision (RBS) framework of RBI?
What is the maximum number of companies in which a person can hold directorship?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Average Inventory = ₹12,000. Closing Inventory is ₹3,000 more than Opening Inventory. The value of Closing Inventory is _____.
A company issued ₹10 lakh equity, redeemed ₹5 lakh debentures, paid dividend ₹2 lakh. Received interest ₹1 lakh. What is net cash from financing?
Which IND AS governs accounting for insurance transactions in India?
As per Companies Act 2013, Payment of Dividend is dealt U/S:
On purchase of old furniture, the amount of ₹1,000 spent on its repair should be debited to:
As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities o...
In PSUs, the 'Two-Bid System' commonly used in purchase procedures refers to:
