Question
Zurich is considered as a Niche Financial Centre. It
focuses on ________.Solution
Niche financial centers focus on specific financial activities, such as commodity trading, foreign exchange, or insurance. Examples include Zurich for insurance and Geneva for wealth management. These centers offer specialized services and expertise in their respective areas and often have a competitive advantage over larger centers that offer a more diverse range of services.
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
A company with higher current assets than current liabilities is said to have:
Ajay draws a bill on Vinay for ₹ 60,000. Vinay accepts it. Ajay endorses it to Chintu in settlement of ₹ 70,000 at 2% discount and the balance in ca...
What is the ceiling on the number of audits in case of an individual?
The value of the firm on the basis of Net Income Approach can be ascertained as:
V = S + D
In the above formulae, S indicates______.
In which of the following situations is a Special Audit required?
a) When there is suspicion of financial mismanagement
b) When a company ...
Supply of goods packed and transported with insurance. This is a..........
Calls in arrear is shown in Balance Sheet as?
For demand drafts, pay orders, or banker’s cheques of ₹50,000 and above, which requirement must be fulfilled as per banking guidelines?
A non-life insurer has a motor insurance portfolio showing increasing loss ratios for three consecutive quarters, rising from 72% to 91%. What internal ...