Question
Which of the following statements is true about Pradhan
Mantri MUDRA Yojana (PMMY)? (1) Under this scheme a loan up to 15 lakhs to the non-corporate, non-farm small/micro enterprises can be provided. (2) These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs.Solution
The correct answer is D
â‚ą200 paid as wages for erecting a machine should be debited to:
A company values inventory at lower of cost and NRV. Cost per unit = â‚ą150, NRV per unit = â‚ą140. For 5,000 units, calculate value as per Ind AS 2.
The Udyam Registration Certificate can be obtained by which types of business entities?
A project costs â‚ą1 crore and gives â‚ą40 lakh annually for 3 years. Find IRR (approximate) given PV factors: @10% = 2.4869, @20% = 2.106.
The Debt-to-Equity (D/E) ratio is an important measure in finance. What does it indicate?
Cost of equity is 15%, cost of debt is 10%, debt-equity ratio is 1:1, tax rate 30%. What is WACC?
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
X and Y are partners in 3:2 ratio. Z is admitted and brings â‚ą1,00,000 as capital and â‚ą20,000 as goodwill. Goodwill is not to be retained in books. O...
Which of the following documents are commonly relied upon by lenders to validate a business’s operational and financial information during due diligen...
Which of the following is a depreciation method that is not commonly used?
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