Question
What penalty did the RBI impose on HDFC Bank for
violating recovery agent engagement guidelines?Solution
The RBI imposed a penalty of ₹1 crore on HDFC Bank for non-compliance with guidelines related to the engagement of recovery agents.
The government securities market in India is regulated by _______
A company invests ₹60,000 in a project that generates ₹15,000 as net annual cash inflow. What is the payback period of the project?
Plant purchased for ₹6,00,000. Depreciation for year = ₹1,00,000. Closing balance of Plant = ₹10,00,000. Opening balance was ₹5,00,000. Calculat...
A company purchased machinery for ₹50,00,000 on 1st April 2020. Installation cost was ₹5,00,000. Residual value ₹3,00,000, useful life 5 years. On...
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
The audit that is made compulsory under statute is called _________.
Net Working Capital (NWC) is defined as:
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borro...
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