Question
What is the minimum investment grade credit rating
required for Housing Finance Companies (HFCs) to accept public deposits in India?Solution
Housing Finance Companies (HFCs) in India must have a minimum investment grade credit rating of BBB or higher to accept public deposits. This requirement ensures the financial stability and creditworthiness of the HFCs.
Which among the following can be utilized for Buy Back of shares of an organisation?
In a repurchase agreement, the percentage difference between the repurchase price and amount borrowed is equal to:
Manish is a manager who is out of town on a business trip. He needs to get some data to a member of his staff rather quickly so a presentation can be up...
XYZ Ltd reported total credit sales of Rs.12,80,000 at a gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, wha...
One of the important goals of the economic liberalization policy is to achieve high convertibility of the Indian rupee. Which of the following is not a ...
The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as;
Which of the following best describes a risk averse investor?
Exchange differences are treated where?
In a period of rising prices and stable inventory quantities, which of the following best describes the effect on gross profit of using LIFO as compare...
Which of the following statements regarding incentive pay plans is most accurate?
A. Unlike merit pay plans, base pay is set at the market...
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