Question
Under which of these acts does the PMC(Punjab, and
Maharashtra Cooperative Bank) got strict restrictions from RBI?Solution
In September 2019, RBI imposed regulatory restrictions on PMC Bank after detection of certain financial irregularities, hiding and misreporting of loans given to real estate developer HDIL.
In an organization, profit after interest, tax, and dividend on preference shares is 4,00,000. The number of equity shares is 40,000 and the dividend pa...
What is the maximum number of directorships a person can hold in Indian companies as per Companies Act, 2013?
Shareholders holding not less than _________ % of the face value of the equity shares of the transferor company (other than the equity shares already he...
ARP is a manufacturing concern. It came to you with the following details to know its profit:
Variable Cost: ₹ 50,000
Fixed Cost ₹ 20,...
An audit firm is appointed to audit a client that has recently engaged in a major merger with a company where the audit firm’s senior partner holds sh...
The Central Government shall with ÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂÂ__________________from the receipt of the application allot a Director Identification...
Which of the following is classified as a liquidity ratio?
A company has annual credit sales of ₹36 crore. Its trade receivables as on 31st March 2025 are ₹3.6 crore, of which ₹0.6 crore are more than 6 mo...
A person or their relative or partner who is indebted to the company for an amount exceeding what threshold is disqualified for the appointment of an au...
Who can become an agent?