Under which method the Cash Flow Statement is prepared by adjusting the profit figure in the income statement?
Cash Flow Statements can be prepared using 2 methods: 1. Direct Method – takes the inflows and outflows directly. Example- sale of an asset increase the inflow and gets added in the opening cash 2. Indirect Method – calculates the changes in the cash flows by adjusting the profit figure in the income statement. Example – depreciation is added in the profits since it is an expense which reduced profits but not cash. Therefore, this method attempts to find the cash flows by moulding the profits to the actual cash flows.
Banking services between merchant banks and other financial institutions are known as _____________.
The Maximum time period of the Recurring Deposit is
’Namami Gange Jagriti Yatra’’ is a new awareness drive has been launched by which of the following state?
Which of the following is not a loan category under MUDRA scheme?
‘IMPS’ is a new term being used in banking sector. Its full form is –
What is Reverse Mortgage?
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making pay...
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
Finance Commission of India was formed to define the financial relation between the ------ and ------
Bank rate is