Question
Which payment system has facilitated the smooth release
of DBT benefits by the Prime Minister to 8.34 crore farmers under the PM-KISAN Scheme?Solution
Explanation: The National Automated Clearing House (NACH) system has also facilitated Government Direct Benefit Transfers (DBT) payments digitally and eliminating leakages in the system. NACH System can be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary, pension etc. and also for bulk transactions towards collection of payments pertaining to telephone, electricity, water, loans, investments in mutual funds, insurance premium etc.
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
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______________shall require licence from the Authority to set up a Banking Unit in an International Financial Services Centre as per Rule 3 of the IFSCA...
Credit Balance of the Bank in the company’s Cash Book is:
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Which of the following can be sources of organisational control?
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 The IFSCA shall consist of a Chairman and one Member each to be nominated by_______________________
