Question
Which of the following transactions is not included in
the definition of a "financial contract" as per the definition given under Factoring Regulation Act, 2011?Solution
Explanation: Section 2 Definitions: (k) “financial contract” means any spot, forward, future, option or swap transaction involving interest rates, commodities, currencies, shares, bonds, debentures or any other financial instrument, any repurchase of securities and lending transaction or any other similar transaction or combination of such transactions entered into in the financial markets.
Contribution to Pension Scheme notified by the Central Government under section 80CCD (1) provides a deduction for the amount paid or deposited by an em...
Which initiative focuses specifically on promoting women entrepreneurs in the MSME sector?
Which of the following items cannot normally be reduced to generate short-term internal funds for a company?
Which of the following is not regarded as a legal rule for a valid acceptance?
A sole proprietor withdrew â‚ą 1,00,000 on January 31, 2023 for his personal use from his business. Calculate interest on Drawings @ 12% p.a. for the ye...
What is the role of the Financial Action Task Force (FATF) in the context of global financial regulations?
A provision differs from a contingent liability because provision:
Which of the following most accurately defines venture capital investment?
If net profit is â‚ą1,20,000 and total sales is â‚ą8,00,000, what is the Net Profit Margin, as per Vertical Analysis?
An entity has Equity Share Capital (equity shareholders’ funds) of ₹10,00,000, Preference Share Capital of ₹4,00,000, and Long-term Debt of ₹6,0...
