Question
Who is the primary regulatory authority for NonBanking
Financial Companies (NBFCs) in India?Solution
The Reserve Bank of India (RBI) is the primary regulatory authority for NonBanking Financial Companies (NBFCs) in India, overseeing their operations and ensuring compliance with financial regulations.
What does C in MCLR stand for?
A company redeems preference shares of ₹5,00,000 at par out of fresh equity issue of ₹3,00,000 and balance from profits. Securities Premium balance ...
Which of the following statement is incorrect with respect to Valuation of Inventories?
Calculate the inventory turnover ratio:
When REs use Aadhaar for customer verification in offline mode, what is mandatory according to RBI guidelines?
Calculate the expected rate of return on the entire portfolio, if the risk-free rate is 6% and the expected rate of return on market portfolio is 15%.
Which of the following is an example of a change in accounting policy that must be disclosed under AS 1?
Accruals are recorded in the books of accounts through:
Net Profit = ₹12,00,000; No. of shares = 6,00,000; 12% preference dividend = ₹1,20,000. Compute Basic EPS.
What is the primary objective of CARO?
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