Question
In the context of a lease, what is the term used for
the transferee?Solution
Explanation: Section 105: Lessor, lessee, premium and rent defined—The transferor is called the lessor, the transferee is called the lessee, the price is called the premium, and the money, share, service or other thing to be so rendered is called the rent.
Provisioning for secured advances in doubtful category for up to one year is ______
Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
How many Urban Cooperative Banks (UCBs) had their licenses revoked by the RBI in 2024 alone?
What is the maximum allocation allowed under equity asset class under the active investment option under NPS for a subscriber up to 50 years of age?
The Aggregate Demand (AD) curve slopes downward due to various reasons . Identify the correct set of reasons from the following options:
Alderfer suggested that a person can be motivated by fulling three types of needs – Existence, relatedness and Growth (ERG). Which of the following i...
The value of derivative is determined by
‘Trivial transactions can be ignored’. Which of the following accounting convention is true in context of this statement?
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
Calculate the current ratio based on above information?
