Question
What does 'IMPS' stand
for?Solution
IMPS (Immediate Payment Service), operated by NPCI, is available 24 hours a day, 365 days a year including bank holidays, unlike NEFT (available on bank working days, near-real-time batch settlement) and RTGS (available on working days, minimum ₹2 lakh, real-time gross settlement). IMPS has no minimum transaction amount and maximum limit of ₹5 lakh per transaction.
Jay Ltd sells units for Rs 4/bottle. The variable cost for the unit per bottle is Rs.2 and has a fixed operating cost of Rs 4000 and a fixed financing c...
A ______is a financial derivative  or contract that allows an investor to "swap" or offset his or her credit risk  with that of another investor.
What is one of the key objectives of procurement procedures?
Calculate the current ratio based on above information?
Which of the following is considered the most important principle in lending according to the Principles of Lending?
At the end of last year, Max Ltd’s assets and liabilities are:
Total assets = 85500
Accrued liabilities = 6500
Bonds payable =...
Multi Commodity Exchange of India Ltd (MCX) deals with which of the following:
Income Tax is to be paid on which among the following, to the Income Tax Department?
A wilful defaulter or any entity with which a wilful defaulter is associated , is ba rred to get any additional credit facility from a lender for a peri...
When calculating Quick Assets, it is important to exclude certain items from Current Assets to accurately measure a company's liquidity. Quick Assets pr...
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