Question
Who is responsible for reviewing compliance with the
regulations and verifying the effectiveness of internal control systems, as per Reg 5H of SEBI (Prohibition of Insider Trading) Regulations, 2015?Solution
As per Reg 5H- ( 3)The Audit Committee of an asset management company or such other analogous body of an intermediary or fiduciary shall review compliance with the provisions of these regulations at least once in a financial year and shall verify that the systems for internal control are adequate and are operating effectively.
If a company has a foreign branch, how are its financial statements translated as per AS 11?
According to The Companies Act 2013, which of the following statement is incorrect with regards to OPC (One Person Company)?
What does IBNR stand for in insurance?
A CGU comprises back-office software (finite life) and a customer list (indefinite life). Recoverable amount is below carrying amount due to regulatory ...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
As per Union Budget 2025-26, what is the new asset monetization plan target for 2025-30?
Which among the following is primarily not a Refinancing Financial Institution?
IRR is a rate at which
As per the GFR rule applicable for GeM direct buying can be adopted for purchase orders in the range: -
A consignor sends goods costing ₹2,00,000 to consignee at invoice price of 125% of cost. 1/10th goods are lost in transit (abnormal). Consignee sells ...
