Question
What is the period of limitation given in Schedule of
Limitation Act for a Bill of exchange and a promissory note?Solution
The Schedule Item no. 31. On a bill of exchange or promissory note payable at a fixed time after date. Period of Limitation is - Three years from the date when the bill or note falls due
What is the ratio of money held by the public in currency to that held as deposits in commercial banks called?
When was the RAMP Scheme commenced?
Legal risk in a bank can lead to which of the following?
                     I.       claims against institution,<...
Which committee's recommendations form the basis of the modern Working Capital Assessment under the turnover method in India?
Trade Payables are ₹50,000, Working Capital is ₹18,00,000, and Current Liabilities are ₹6,00,000. Calculate the Current Ratio.
Calculate Operating Ratio:
Which of the following credit facilities is typically used for financing the day-to-day operations of a business?
Which of the following is considered the most important principle in lending according to the Principles of Lending?
The Unified Payments Interface (UPI)-like system developed by NPCI International Payments Limited (NIPL) will be implemented in which country following ...
Who introduced the concept of 'Accredited Investors' in the Indian securities markets?
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