Question
What is the minimum capital requirement for small
finance banks in India?Solution
Mandated by RBI for starting operations as a small finance bank.
Securities Premium can be used by the company:
If the annual sales of a business are ₹X, what is the Maximum Permissible Bank Finance (MPBF) as per the Turnover Method?
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
How many digits are there in an IFSC code used to transfer money using NEFT?
What types of products and services can be procured through GeM?
A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for t...
A firm has high current assets turnover but declining sales. What strategy should it follow?
Which of the following Provident Fund is exempt up to 12% of employee's salary, from employer's contribution?
Who is the regulator of the corporate sector?
With respect to AS 5 (Net profit or loss for the period, prior period items and changes in accounting policies), which of the following statement is inc...
