Question
Which regulatory body introduced the asset class under
which Mutual Funds Lite (MF Lite) schemes would fall, offering greater flexibility to investors in 2024?Solution
SEBI introduced the Mutual Funds Lite (MF Lite) framework, offering passively managed schemes for investors with greater flexibility and risk-taking capabilities.
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
The delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or other...
Which of the following ratios measures the banking sector’s ability to absorb shocks arising from financial and economic stress?
Under section 194D of the Income Tax Act, 1961, what is the rate of Tax Deducted at Source (TDS) on insurance commission, if the payee is a domestic com...
   A mutual fund has the following assets and liabilities:
Assets:
Stocks: $100 million
Bonds: $50 million
C...
XYZ Ltd. has overheads of â‚ą5,00,000 allocated to 4 activities: Machine setup (â‚ą1,50,000), Quality control (â‚ą1,00,000), Material handling (â‚ą1,50,...
Which of the following is not a financial regulator in India?
   Debenture redemption reserve is transferred to which reserve:
A company purchased machinery for â‚ą10,00,000 on 1 April 2021. The machine has a useful life of 5 years, and depreciation is charged using the straight...
How much amount of exemption is allowed for gratuity if received at the time of retirement?
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