Question
How is K related to
I? Answer the questions based on the information given below. There are seven persons H, I, J, K, L, M and N in a family of three generations. There are only two married couples. There is no single parent in the family. H is the father-in-law of I. L is the sister of K, who is unmarried. N is the grandmother of J, who is the nephew of K. M is the daughter of I. The gender of I and K is same.Solution
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?
Gamma Textiles Ltd. manufactures a single product with the following cost structure:
• Selling Price per unit: ₹500
• Variable Cost ...
Which of the following transactions is capital expenditure?
The 4Cs approach often mentioned in cluster development refers to:
Company A and Company B merge to form Company AB. Assets and liabilities are taken over at book value, and shareholders of both companies continue to ha...
Parent Ltd. acquires 80% shares of Subsidiary Ltd. for ₹8,00,000 when Subsidiary’s net assets = ₹9,00,000. Calculate Minority Interest at acquisit...
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
In the merger of X Ltd. and Y Ltd., it is decided that the amalgamation will be in the nature of a merger (as per AS-14). Which of the following conditi...
What is the primary role of the Central KYC Records Registry (CKYCR)?Â
Refer to the following information to answer the next 4 questions.