Question
What are Scheduled
Banks?Solution
A scheduled bank, in India, refers to a bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934. Banks not under this Schedule are called non-scheduled banks. Scheduled banks are usually private, foreign and nationalized banks operating in India.
A factory has direct material cost of ₹2,40,000 and direct labour of ₹1,60,000 for a batch of 1,000 units.
Factory overheads are absorbed at ...
Under the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, which of the following would be treated as primary security for a...
With respect to receipt and payments account, which of the following statement is incorrect?
Supply of goods packed and transported with insurance. This is a..........
State which statement is correct:
Which instance of SaaS allows users to explore functionality of web services such as Google Maps, Payroll Processing and Credit Card Processing Services...
What is the concessional rate of interest applicable under the Differential Rate of Interest (DRI) Scheme?
When a stressed loan is sold or transferred by a lender to an Asset Reconstruction Company (ARC) at a price below its Net Book Value (NBV), what account...
An individual who wants to be a resident of India U/S6(1) must stay in India for at least:
For intra-State sales, the GST is divided between the Centre and the State in the ratio?
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