Question
βAβ and βBβ started a business by investing Rs.
12,000 and Rs. 14000, respectively. 12 months later, βCβ joined the business by investing Rs. 20,000. After 6 more months, βBβ withdrew all of his capital. If at the end of second year, the total profit earned by them together is Rs. 139100, then find the profit earned by βBβ and βCβ together at the end of 2nd year.Solution
ATQ; Ratio of profit shares of βAβ, βBβ and βCβ = (24 Γ 12000):(18 Γ 14000):(12 Γ 20000) = 24:21:20 Profit of βBβ and βCβ together = (139100) Γ {(21 + 20)/(24 + 21 + 20)} = Rs. 87740
Which of the following is the Highest Body in India with respect to Direct Taxes?
What is the risk weight of cash while calculating Risk Weighted Assets (RWA)?β
Which of the following is a capital transaction?
Β Which of the following is a key risk associated with forward contracts?β
What is the minimum Capital Adequacy Ratio (CAR) required in India under Basel III (including CCB)?
Which Basel Accord introduced the concept of three pillars: capital requirement, supervisory review, and market discipline?β
Basel III capital regulations are based on 3 mutually reinforcing pillars. These pillars are:
I.Β Β Β Β Β Β Β Β Β Minimum Capital Standards <...
Which of the following does not contribute to credit risk?β
What is the typical settlement method for futures contracts?β
Which of the following scenarios best illustrates operational risk?β