Question
A, residing in Calcutta, is agent for Z, residing at
Delhi. There is an express or implied contract between A and Z, that all sums remitted by Z to A shall be invested by A, according to Z's direction. Z remits a lakh of rupees to A, with directions to A to invest the same in Company's paper. A dishonestly disobeys the directions and employs the money in his own business. A has committed ____________?Solution
S. 405. Criminal Breach of Trust.Illustration-(c) A, residing in Calcutta, is agent for Z, residing at Delhi. There is an express or implied contract between A and Z, that all sums remitted by Z to A shall be invested by A, according to Z's direction. Z remits a lakh of rupees to A, with directions to A to invest the same in Company's paper. A dishonestly disobeys the directions and employs the money in his own business. A has committed criminal breach of trust.
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Which of the following factors is NOT likely to cause an unfavourable Direct Labour Efficiency Variance?
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government securi...
Which of the following financial centers ranks first in the Global Financial Centres Index (GFCI) 35?
Geetika is a supervisor at a call centre. She monitors her employees' calls and keeps a record for each employee of times when they provided exceptiona...
Which of the following is the risk when a bank fails in honoring the commitment of payment of deposits to the customers due to inability to meet cash fl...
The population covered with bank accounts increased from 53 per cent in 2015-16 to ________ in 2019-21 (as per NFHS).
The amount credited in EEFC a/c on March 04' 2024, and remaining unutilized would be mandatorily converted to INR on ___
Visvesvaraya PhD scheme has been initiated by the Government with an objective of enhancing the number of PhDs in the country to compete globally in th...
Tier I capital is also called