Question
Which country was added to BRICS (previously BRIC) in
2010?Solution
South Africa was added to the BRIC group in 2010, making it BRICS, to enhance cooperation among major emerging economies.
In case of banks deals with Mutual Funds, which combination among the following will be applicable for the regulatory Purposes?
“Revenues and expenses must be recorded in the accounting period in which they were earned or incurred, no matter when cash receipts or outlays occur�...
When a company sells a fixed asset, the resulting gain from the sale must be categorized appropriately in the financial statements. Understanding the na...
Which of the following are types of Liquidity risk?
                     I.       Time risk
        ...
Under the Projected Turnover Method what is the limit to the bank finance that can be provided to MSMEs?
Which of the following statements about mutual funds is/are accurate?
1. Open-ended mutual funds allow investors to buy and sell units at any tim...
Which out of the following is/are correct regarding Cash Reserve Ratio (CRR)?
Section 42 of RBI Act, 1934 lays foundation for maintaining CRR ...
Consider the following statements about Annual Financial Statement of 2023-24.
1. This is provided in the Constitution under article 112.
...Which organization has been entrusted with carrying out the Solar Charkha Mission, aimed at promoting rural employment and sustainable development?
As per the proposed ECL model for banks what is the maximum time limit for the distressed valuation of the security cover when treating a financial asse...
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