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RBI issued guidelines for compensation of key managerial personnel and senior management of non-banking finance companies, RBI said that the finance companies have to constitute a nomination and remuneration committee (NRC), which will have the mandate to oversee the framing, review and implementation of compensation policy of the company with the approval of the board. NRC may ensure that compensation levels are supported by the need to retain earnings of the company and the need to maintain adequate capital based on Internal Capital Adequacy Assessment Process (ICAAP). ICAAP (Internal Capital Adequacy Assessment Process) notifies the Board of the current assessment of the bank's risks, how the bank plans to alleviate those risks, and the quantity of current and future capital is needed.
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A invest twice the sum invested by B and withdraws half of sum after 4 months and again withdraws half of the remaining sum after 6 months. Find ratio o...
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Raj invested Rs.35000 in a business. After 6 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.60000 and pr...
If a sum of money is to be divided among A, B, C such that A’s share is equal to twice B’s share and B’s share is 6 times C’s share then their s...
P started a business with an investment of Rs.10000, after 6 months Q joined him with Rs.12000 and after another 6 months R joined them with Rs.15000. I...
P, Q, and R invest ₹15,000, ₹20,000, and ₹25,000, respectively, to start a business. At the end of the year, the total profit is ₹60,000. P, as ...
P and Q started a business by investing Rs.5600 and Rs.4000 respectively. After 4 months, Q increased his investment by a certain percentage such that a...
‘M’ started a business with an investment of Rs. 4500. After 2 months ‘N’ joins the business with an investment of Rs. 3000. If the total profit...