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
A firm uses a vacant plot to construct a new office. The plot could otherwise be leased at ₹10 lakhs annually. What is the opportunity cost of using t...
Which of the following reduces working capital requirement?
The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.
For which of the following goods, the manufacturer is not allowed to opt for composition scheme:
Which of the following is an example of capital expenditure?
ORACLE is an example of:
Mr. A of Delhi supplied goods to Mr. B of Chandigarh (Union-Territory). Which law will govern this transaction
What is the maximum loan amount available under the Pradhan Mantri Vishwakarma Scheme?
A bill discounted or purchased (with recourse) by a bank becomes a Non-Performing Asset (NPA) if the bill remains overdue for more than how many days?
A threat to commit suicide may amount to: