Start learning 50% faster. Sign in now
It means a contract to perform the guarantee or discharge the liabilities of the person just in case he fails to discharge such liabilities. In other words, a contractual arrangement in which one party gives a guarantee for another regarding the fulfillment of a promise or repayment of the debt when the latter fails to discharge the liability or perform the undertaking.
The Debt Equity ratio of a company is 0.4. Which of the following will change the Debt Equity Ratio?
Which of the following is true about the Debit Card of the Banks?
I. By Automated Teller Machine customers can deposit or withdraw money from the...
Which of the following days is known as ‘GST Day’?
The share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as, government securities, cash and gold with...
Insurance sector in India is regulated by the provisions of:
A company has 10 million shares of face value Rs.10 each, issued in the market. The current book value of the share is Rs.30 and market price is Rs.50...
What is the theme of RBI’s recently announced third cohort of Regulatory Sandbox?
Which of the following is considered Non Tax Revenue of the Govt., of India as projected in the Union Budget?
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
GAAP stands for?