Question
The State Bank of India was founded in __________.
Solution
This was one of the three banks funded by a presidency government, the other two were the Bank of Bombay in 1840 and the Bank of Madras in 1843. The three banks were merged in 1921 to form the Imperial Bank of India, which upon India's independence, became the State Bank of India in 1955.
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
X Ltd. provides you the following information to calculate P/V ratio.
Fixed cost = Rs. 40,000, Break-even point = Rs. 1,00,000
As per RBI’s KYC/AML guidelines on wire transfers, the term “Beneficiary” refers to:
The process of finding present value of a future amount is called:
The manager of a firm is entitled to a commission of 5% of Net profit after charging such commission. Net profit before charging commission is ₹ 42,00...
A budget that changes with the level of activity is a:
GSTN is a?
Which of the following is a real (or permanent) account?
Total factory overheads = ₹5 lakh; Direct labour hours = 10,000. Calculate the overhead absorption rate per labour hour.
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
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