Question
Which entity has achieved the distinction of becoming
the initial Indian life insurance company to attain a 74% foreign shareholding?Solution
Ageas Federal Life Insurance (AFLI) announced that after Belgium-based Ageas Insurance International successfully acquired the 25% investment in the life insurance joint venture (JV) from IDBI Bank, it has become the first life insurance firm in India with a 74% stake held by a foreign partner.
Which of the following is recognized as a Credit Information Company (CIC) in India, authorized by RBI to provide credit scores on individuals?
A company has Fixed Costs of ₹2,00,000, a contribution margin ratio (P/V ratio) of 25%, and it achieved total sales of ₹10,00,000. Calculate the pro...
Current Assets = ₹4,00,000; Inventory = ₹1,00,000; Current Liabilities = ₹2,00,000. Compute Quick Ratio.
Selling price per unit = ₹50, Variable cost = ₹30, Fixed cost = ₹1,00,000. Calculate break-even sales and contribution margin ratio.
A firm has a current ratio of 2:1 and quick ratio of 1.2:1. Its inventory is valued at ₹4 lakh. What is the amount of current liabilities?
Which of the following income is agricultural income—
The discount factor used to appraise capital investment decisions is a measure of:
The cost of 'Redeemable Preference Share Capital' for a company is calculated by considering:
A director is appointed in _______
Under the Income Tax Act, 1961, which of the following incomes is exempt from tax in the hands of an individual?
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