Question
Over 75 Districts in the country the Prime Minister has
dedicated 75 DBU’s for more financial inclusion and availability of banking services nationally, what is the full form of DBU?Solution
The Prime Minister dedicated the 75 Digital Banking Units (DBU) for better financial inclusion and enhanced banking experience for citizens living in small towns and villages will find benefits like transferring money to availing loans. It will also simplify the banking procedure while also providing a robust and secure banking system.
Which of the following best describes ‘amortisation of debenture issue expenses’?
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he re...
What banking transaction involves the exchange of one currency for another at the prevailing exchange rate?
XYZ & co is a partnership firm that has been operating for five years. The firm has consistently achieved average annual profits of ₹1,00,000. The cap...
Interest payable u/s 234C is computed at
When the total of debit and credit are equal, it represents
Which of the following transaction will affect the current ratio?
5000 kgs of raw material were bought at Rs.2.5 per kg and 10% is normal waste. If recovery value of the normal waste is Rs.1.2 per kg, then find the cos...
Which section of the Income Tax Act defines the term Assessee?
To save a workbook, __________ function key should be pressed.
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