Start learning 50% faster. Sign in now
Ratio of profit share of ‘A’ and ‘B’ = 8000:12000 = 2:3 Total profit earned by the business = 6000 ÷ 0.40 = Rs. 15,000 Profit share of ‘B’ = (15000 – 6000) × (3/5) = Rs. 5,400
What is the minimum total provisioning coverage ratio, including floating provisions, required for banks?
In the context of RBI’s guidelines on foreign exchange risk management, what is the role of an Authorized Dealer (AD) in monitoring users’ positions...
On September 03, a saving bank customer in India, requests for issue a USD 10000. Theinter-bank currency rates are as under:
Spot rate: 1 USD = R...
Forward looking term rate recommended by US Alternate Rate Risk Committee, as replacement for LIBOR is ______
India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.
What is the maturity period of External Commercial Borrowings?
Which of the following relationships apply to a par value bond?
A) coupon rate < yield-to-maturity
B) current yield = yield-to-mat...
A company is thinking whether to buy a new machine or build a new machine itself in the factory. The following information is available about the two pr...
In which of the following leadership style the leader has an inspirational and charismatic approach?
The group into which business activities are classified for financial reporting of cash flow statement are: