Question
Who is recognized as the "guardian of the public purse"
in India?Solution
The Comptroller and Auditor General (CAG) of India, established under Article 148 of the Constitution, is tasked with auditing government expenditures and is considered the guardian of the public purse, ensuring fiscal accountability.
Which of the following entity gives guarantee to MSMEs for loan under the emergency credit line guarantee scheme (ECLGS)?
Observing changes in financial variables across the years is :
Small Finance Banks’ (SFB) major goal is to promote and provide banking services to the underbanked and underprivileged segments of society, the prop...
In case the borrower fails to discharge his liability in full within the period specified in section 13(2) of SARFAESI ACT 2002, the secured creditor m...
Which of the following is not an objective of a forward contract?
The process in which certain types of assets are pooled so that they can be repackaged into interest-bearing securities is called:
What is the Complaint redressal system of SEBI called
Recently in November 2021 RBI came out with the Integrated Ombudsman Scheme 2021. This scheme is not applicable to which of the following?
If the cost of machinery is Rs.5 lakh, the life of the machinery is expected to be 5 years, and rate of depreciation is 10%, what will be the differenc...
A company fails to accrue wages for march that will be paid in April. The company’s year-end balance sheet liabilities:
Relevant for Exams:
