Question
What is the primary purpose of ISO 9001, the globally
recognized standardization?Solution
ISO 9001 is a globally recognized standard for quality management. It helps organizations of all sizes and sectors to improve their performance, meet customer expectations and demonstrate their commitment to quality. Its requirements define how to establish, implement, maintain, and continually improve a quality management system (QMS).
What is the main criterion for classifying a loan as a Non-Performing Asset (NPA)?
In the Union Budget 2023-24, Government indicated that an Urban Infrastructure Development Fund (UIDF) will be established. This will be managed by the...
From the following information, calculate the Inventory Turnover Ratio:
Net Sales: ₹4,00,000
Average Inventory: ₹55,000
Gross Loss on Sales: 10%
Where did India Exim Bank open its East Africa Representative Office to enhance trade and business ties?
ASBA is an important mechanism in the IPO process to prevent refunding in case of unsuccessful allotment. What is the full form of ASBA?
Which of the following is a potential benefit of investing in REITs?
If an individual is unable to pay back the overdraft taken by him it is known as
One of the best sources of information on training needs of employees in an organisation is their Performance Appraisal. In fact, many organisations hav...
The Framework for Revival and Rehabilitation of MSMEs applies to units with loan limits, up to what amount?
XYZ Corporation is financed by 30% equity and 70% by debt. The company has an after-tax cost of debt of 9% and the beta of shares in XYZ is 2. The risk-...
