Question
A shopkeeper sold an article after giving a discount of
25% and made a profit of Rs.40. Find the difference between the marked price and selling price of the article if cost price of the article is Rs.560.Solution
Selling price of the article = 560 + 40 = Rs.600 Marked price of the article = 600/0.75 = Rs.800 Required difference = 800 – 600 = Rs.200
A prerequisite for establishment of an effective risk management system is the existence of a robust _____
Which of the following entities is responsible for regulating Asset Reconstruction Companies (ARCs) in India?
What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses...
 Risk and rewards are transferred in _______ and not in _______.
Which of the following organizations is responsible for the development and management of GIFT City?
1)Â Â Â Securities and Exchange Board of...
The Board of the Bank had set the tolerance levels for the interest rate risk. The bank assesses and monitors the risk against the guidelines. Who shoul...
What is the significance of the T+2 settlement cycle in the Indian capital market?
As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold offic...
Which of the following is not an external factor leading to credit risk?                   Â
...Which IFRS/Ind AS is discussed in the RBI's released Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks?
Relevant for Exams:
