Question
A dollar denominated instrument, tradable on stock
exchange in Europe or private placement in USA, representing one or more shares of the issuing company is called-Solution
A global depository receipt (GDR) is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account. They are the global equivalent of the original American depository receipts (ADR) on which they are based. GDRs represent ownership of an underlying number of shares of a foreign company and are commonly used to invest in companies from developing or emerging markets by investors in developed markets.
Interest payable by a non-corporate assessee for deferment of advance tax is
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
In insurance accounting, what is "policyholder surplus"?
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?
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
Given:
• Net income: ₹30 lakh
• Depreciation: ₹10 lakh
• Increase in inventory: ₹5 lakh
• Decrease in payables...
What is another name for the Revenue account in insurance company reporting?
Under the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, which of the following would be treated as primary security for a...
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
Calculate the expected rate of return on the entire portfolio, if the risk-free rate is 6% and the expected rate of return on market portfolio is 15%.
