Question
What should be the minimum duration for which a
certificate of deposit can be issued?Solution
Certificate of Deposit is a negotiable instrument issued in 1989 for the first time and it is issued against funds deposited with a bank or financial institution. The scheduled commercial banks (excluding the RRBs and the Local Area Banks) and All-India Financial Institutions can issue such CDs. The minimum amount should be Rs 1 lakh whereas the duration should not be less than 7 days and not more than a year.
Which of the following statements correctly describes the Risk-Based Supervision (RBS) framework of RBI?
What is the maximum number of companies in which a person can hold directorship?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Average Inventory = ₹12,000. Closing Inventory is ₹3,000 more than Opening Inventory. The value of Closing Inventory is _____.
A company issued ₹10 lakh equity, redeemed ₹5 lakh debentures, paid dividend ₹2 lakh. Received interest ₹1 lakh. What is net cash from financing?
Which IND AS governs accounting for insurance transactions in India?
As per Companies Act 2013, Payment of Dividend is dealt U/S:
On purchase of old furniture, the amount of ₹1,000 spent on its repair should be debited to:
As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities o...
In PSUs, the 'Two-Bid System' commonly used in purchase procedures refers to:
