Question
__________ is a state in which a company’s liabilities
are more than its assets so that is unable to repay its debtsSolution
Insolvency is a state in which a company’s liabilities are more than its assets so that is unable to repay its debts. Bankruptcy is when a person is legally declared by a competent court as incapable of paying its debts/dues.
Which of the following risk factors pose business risk to an entity?
                     I.       Sales volume and...
What is the distinction between ethics and morality based on their scope?
Match the following measures of money supply with their correct descriptions:
1. M1
2. M2
3. M3
A. M1 + Savings deposits wit...
On what basis is an individual resident Indians permitted to include NRI close relatives as a joint holder in resident bank account?
Which of the following organisations are involved in preparation of Social Progress Index (SPI)?
What does the term "Recovery Risk" primarily depend on?
Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
Revaluation reserve are included as Tier II capital at a _______ discount for the purpose of capital adequacy ratio.
What are the mismatch tolerance levels for time bucket of 15 – 28 days in the ALM statement?
 For receiving grant from abroad under the Foreign Contribution Regulation Act, which of the following would give permission for the same?