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Contract Act Section 59. Application of payment where debt to be discharged is indicated: Where a debtor, owing several distinct debts to one person, makes a payment to him, either with express intimation, or under circumstances implying, that the payment is to be applied to the discharge of some particular debt, the payment, if accepted, must be applied accordingly.
Which of the following is a characteristic of a global financial center?
1) Presence of a large number of financial institutions and services.
Consider the following statements.
1. Owing to Covid-19 pandemic, India lost its dominance in the world services trade in FY22.
2. Softwar...
Under the proposed framework for adoption of an expected loss-based approach for provisioning by banks in India, which of the following is NOT a key req...
In comparison to a small group communication, in organizational communication which of the following can be said true __?
In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Ami...
What role does a merchant bank play in the process of 'syndicating a loan'?
According to the RBI's circular on unclaimed deposits, which section of the Banking Regulation Act, 1949 gives the RBI authority to issue instructions o...
Which of the following is NOT a requirement for an SME to issue an IPO and get listed on the exchange under the specified eligibility criteria?
K Enterprises follows the written down value method of depreciating machinery year after year due to which of the following:
As per the BASEL Regulations, Banks shall maintain a minimum Pillar 1 Capital to Risk-weighted Assets Ratio (CRAR) of ……………………………�...