Question
Consider the following statements regarding bridge
loan: (A) It is a loan made by a bank for a longer period to make up for permanent shortage of cash. (B) It is a loan made by a bank for a short period to make up for a temporary shortage of cash.Solution
The correct answer is B
Calculate the Inventory turnover ratio of the company?
For an NBFC-MFI (Microfinance Institution), what is the minimum proportion of its assets that must be in the form of microfinance loans?
Which of the following government portals is specifically designed to monitor outstanding dues to Micro and Small Enterprises (MSEs) from buyers of good...
The parties to a promissory note are:
Head office building is committed to sale; criteria for “held for sale” are met. Will the depreciation still be provided?
A property has Gross Annual Value â‚ą2,40,000. Municipal taxes paid â‚ą40,000. Standard deduction is 30%. What is the income from house property?
The term depletion is used in relation to
When will a person, who opted Composition Levy, have to pay tax in GST?
A public company with paid up capital of Rs.10 crore or more, can appoint an individual as an auditor maximum for ________ consecutive years.
How do Priority Sector Lending (PSL) compliance requirements differ between foreign banks with 20 or more branches and those with fewer than 20 branches?
