Question
In which year did the journey of Exchange Traded Funds
(ETFs) commence in India, marked by the launch of the first ETF by Nippon India Mutual Fund based on the Nifty 50 Index?Solution
The Exchange traded funds (ETFs) began their journey in India way back in 2002, when the first ETF by Nippon India Mutual fund (erstwhile Benchmark Asset Management Company Ltd) was launched in India on the Nifty 50 Index.
ABC Ltd has its Earning before Interest and Tax as 45000. The tax rate applicable for the year is 25%. It has made a capital expenditure of Rs 22500 and...
Which of the following is an unconventional monetary policy tool used by the Reserve Bank of India?
Floating-rate bonds are designed to minimise which of the following risks?
The Risk-Based Internal Audit (RBIA) system is mandated for
In SQL, which aggregate function is most appropriate for calculating the total revenue from completed transactions in a sales database?
Manish is a manager who is out of town on a business trip. He needs to get some data to a member of his staff rather quickly so a presentation can be up...
Under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, what is the ceiling for availing credit guarantee for under CGS-I...
What is the primary purpose of financial regulations?
What is the interest rate earned by banks for their contribution to RIDF and other funds if their PSL shortfall is 8% below the target?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
