Question
Which section delas with the establishment of Depositor
Education and Awareness Fund by the RBI under the Banking Regulation Act, 1949?Solution
Establishment of Depositor Education and Awareness Fund - (1) The Reserve Bank shall establish a Fund to be called the Depositor Education and Awareness Fund (hereafter in this section referred to as the Fund)
Interest payable u/s 234C is computed at
Which valuation approach is used in Discounted Cash Flow (DCF) method?
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...
A bank overdraft is classified on balance sheet as:
For more than three years (unsecured) doubtful advances, provision will be made for
Purchase of a laptop for office use wrongly debited to Purchase Account. It is an error of
A company purchases machinery for â‚ą5,00,000. It estimates useful life 5 years with zero scrap. Under straight-line method, annual depreciation is:
Which method is typically used to value non-current assets held for sale?
Which of the following statements is true for cash basis accounting?
A company can issue redeemable preference shares for up to what maximum duration?
