Question
The Reserve Bank of India (RBI) has raised the minimum
net owned fund (NOF) requirement of the existing Asset Reconstruction Company (ARC) to Rs ______ from the present Rs 100 crore by March 2026.Solution
 As per the RBI circular, on October 12, 2022, The Reserve Bank of India (RBI) hiked the minimum net owned fund (NOF) for asset reconstruction companies (ARCs) three-fold to ₹300 crore from present 100 crore by March 2026.
If a company declares dividends after the balance sheet date but before financial statements are approved, AS 4 requires that:Â
Customer acquisition costs (agent commissions) for one-year policies are paid upfront. Can they be capitalized as intangible assets?
Which of the following websites does not facilitate e-commerce?
What is the aggregate annual credit limit for deposit accounts opened using Aadhaar OTP-based e-KYC?
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
Under which activity would the payment of dividend be classified as, in a cashflow statement?
In international wire transfers, which role does a SWIFT Code play for the sender and the beneficiary?
Which of the following is not a principle of management as suggested by Fayol?
Which instance of SaaS allows users to explore functionality of web services such as Google Maps, Payroll Processing and Credit Card Processing Services...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
