Section 61. Application of payment where neither party appropriates: Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by the law in force for the time being as to the limitation of suits. If the debts are of equal standing, the payment shall be applied in discharge of each proportionally.
The discount rate that makes the present value of expected cash flows from the project equal to the initial cost of the project is called:
Which instrument represents the ownership of a company in the capital market?
Which of the following are the difference(s) between swaps and futures contracts?
1. Swaps are typically short term, whereas futur...
In which of the following cases can a NPS subscriber withdraw 100% amount without purchasing an annuity?
________ fosters brotherhood among, employees and forms a key factor in raising employees' stake in the growth of an organisation. This is an extension ...
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
What does the OCEAN model stand for in regards to human personality?
A company came out with IPO at a price of Rs.55 each for 50,000 shares with face value of Rs.10 each. It listed on the stock exchange at Rs.60. What am...
What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the latest Financial St...
The current PCA Framework was revised in which year?
