Question
Which of the following leading NBFC has raised five-year
loan of $100 million from the ADB through external commercial borrowing (ECB) under its social finance framework?Solution
Shriram Finance has raised five-year loan of $100 million from the Asian Development Bank (ADB) through external commercial borrowing (ECB) under its social finance framework. The funds will be used for vehicle finance for commercial purposes with BS-VI compliant vehicles and electric vehicles. The loans will be deployed specifically to finance women entrepreneurs and under-developed states.
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared eq...
Factory overhead = ₹60,000; Direct labor = ₹1,20,000. Compute overhead rate as % of labor cost.
Which entity generally initiates securitization?
H Ltd owns 80% of S Ltd. S Ltd made a profit of ₹10 lakh this year. There are unrealized profits in closing stock of ₹1 lakh due to inter-company sa...
An entity recognizes a remeasurement gain from a defined benefit plan directly in OCI in the current year. Tax law in the jurisdiction allows a tax dedu...
  A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume numbe...
Cost of goods sold will be:
In which option does the macros feature in MS PowerPoint 2010 exist?Â
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
Calculate net working capital?
