Question
Which banking product mainly supports working capital
needs of businesses?Solution
Cash Credit allows businesses to withdraw funds up to a sanctioned limit to manage working capital. Why Other Options Are Incorrect • A, B, D: Deposit products • E: Retail product Banking Example: Small traders using CC limit for inventory purchase.
Which of the following statements are not correct:
1.   Project Design and network analysis refers to detailed work plan to the project and i...
What does the acronym SIFTI stand for in the context of infrastructure project financing?
What does ‘I’ in ‘REIT’ stand for ?
A machinery with original cost of ₹ 10,00,000 and Nil Salvage value acquired on 1st April 2017 with 4 years useful life was depreciated using Straigh...
The Gross Domestic Product of a country is Rs.600 billion. The country earns Rs.40 billion as Net Factor Income from Abroad, while capital consumption a...
What is the term used to describe the agencies that assist investors in making investments in shares, debentures, mutual funds, and other financial inst...
In a growing economy, an initial rise in autonomous investment leads to an increase in income through repeated consumption spending. The higher income f...
The Rajasthan State government announced an increase in the annual honorarium paid to farmers under the Kisan Samman Nidhi. By how much has the honorari...
Which of the following is included when calculating National Income?
1.   Given the following, what is the amount of Capital?
Assets: Premises 20,000; Inventory 8,500; Cash 100.
Liabilities: Trade Payab...
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