Treasury bills (T-Bills) are short term (less than 1 year maturity) government debt securities that are auctioned by the Reserve Bank of India (RBI) on behalf of Government.
T-bills in India are presently issued in three tenors, namely, 91 day , 182 day and 364 day . T-bills are in nature of zero coupon securities i.e. do not pay interest but are issued at a discount and redeemed at the face value at maturity, leading to the implied interest/return/yield (difference of Face Value and Issue price as a percentage of Issue price).
Which IND AS governs accounting for insurance transactions in India?
1 What is a special purpose vehicle (SPV) in project finance?
Anil and Baldev are partners sharing profit and losses in the ratio of 3: 2. Anil's capital is ₹ 60,000 and Baldev's capital is ₹ 30,000 before adju...
Read the following information to answer the below questions:
ABC Ltd purchased raw materials worth Rs.1 lakh during FY19. It had opening stock of raw materials of Rs.12,000 at the beginning of the year and closed ...
NPV assumes reinvestment of the cash flows at:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
Where to show Share application money received in excess of issued share capital?
A person shall be eligible for appointment as an auditor of a company only if he is a _______________