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.
At what level of an organisation does a corporate manager operate?
Which of the following is not one of the factors that play a role in charging depreciation?
The accounting principle that states that only those transactions which can be expressed in monetary terms should be recorded in the books of accounts i...
When will a person, who opted Composition Levy, have to pay tax in GST?
Which of the following reports must be mandatorily submitted by an insurer's statutory auditor to the IRDAI annually?
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000
Long-term debt of Rs.1,000,000 at 10% ...
Which method of depreciation results in higher depreciation in earlier years?
If company’s cash conversion cycle decreases, what likely happened?
When shares are issued by a company to its employees or its directors, either at a discount or for consideration other than cash, for providing know-how...