Question
Which is Indiaās oldest joint stock bank that is
still operational?Solution
TheĀ Allahabad Bank, established in 1865 and still functioning today, is the oldestĀ Joint Stock bankĀ in India, it was not the first though. That honour belongs to the Bank of Upper India, which was established in 1863 and survived until 1913, when it failed, with some of its assets and liabilities being transferred to theĀ Alliance Bank of Simla.
When two or more companies come together to expand their business operations in a newly created entity, it is called _________.
Goodwill acquired in a business combination must be tested annually for impairment. To which level should it be allocated for testing?
Which among the following ratios is a part of Liquidity Analysis?
What is the purpose of performing Due Diligence by banks under KYC norms?
When a customer deposits a check into their bank account, what type of transaction is taking place?
Which section of the Income Tax Act defines the term Assessee?
Family Pension is taxable under which head of Income?
_________ is a method to sell securities to the existing shareholders of a company.
Ā Ā Ā A mutual fund has the following assets and liabilities:
Assets:
Stocks: $100 million
Bonds: $50 million
C...
A company has a Net Operating Profit After Tax (NOPAT) of ā¹60 lakh. Its total capital employed is ā¹400 lakh and Weighted Average Cost of Capital (WA...