Question
From which date the Reserve Bank of India (RBI) has
increased the CRR by 50 basis points to 4.5%?Solution
The Reserve Bank announced a hike in cash reserve ratio (CRR) by 50 basis points to 4.5 per cent, effective May 21, which will take out Rs 87,000 crore liquidity from the system.
On 1st Jan, X Ltd. purchased machinery from USA for $50,000 when exchange rate was ₹75/$ = ₹37,50,000. At balance sheet date (31st March), rate = �...
An insurer faces a probable liability of ₹25 lakh from a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be ...
A company purchases machinery for ₹10 lakhs and incurs ₹1 lakh on its installation. The accountant records the total ₹11 lakhs under the fixed ass...
Which of the following statements is correct?
Change in the capital A/c of proprietor may occur due to _____________
ICDS II deals with which of the following aspect?
Opening work in process inventory can be calculated as under
What is the maximum cost of the project/unit allowed under PMEGP for 2nd loan in the manufacturing sector (for upgradation)?
  From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: ...
Which financial statement helps in assessing liquidity and solvency?
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