Question
In which year was the Indian Banks' Association (IBA)
formed?Solution
The Indian Banks' Association (IBA) was formed in 1946 to represent the interests of the banking community in India.
X Ltd. and Y Ltd. amalgamate to form a new company Z Ltd. X Ltd.’s assets are ₹50 lakh, liabilities ₹20 lakh. Y Ltd.’s assets are ₹30 lakh, li...
The arrangement of assets and liabilities in accordance with a particular order is known as of balance sheet. Â
Valuing inventory at cost or net realizable value is based on which principle?
 ICDS II deals with which of the following aspect?
Under the SARFAESI Act, if a borrower defaults and fails to repay after notice, what is the maximum imprisonment prescribed for obstructing asset recovery?
What is the rate of Tax Deduction at Source from insurance commission?
(Commission amount is ₹20,000 and assessee is an individual)
Advance amount received from customers is not considered as sale. It is based on which concept?
Under the SARFAESI Act, secured creditors can enforce their security and take possession of assets without court intervention if the borrower’s accoun...
In India, the GST is based on the dual model GST adopted in:
What is the maximum loan amount available under the Pradhan Mantri Vishwakarma Scheme?
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