REC Limited, a Maharatna CPSE under the Ministry of Power, received a ‘No Objection Certificate’ from the RBI on May 3, 2024, to establish a wholly owned subsidiary in the International Financial Services Centre (IFSC), Gujarat International Finance TecCity (GIFT), Gandhinagar, Gujarat.
A company made credit sales of Rs.72 lakh in the year. If the debtors value at end of the year was Rs.12 lakh, what will be the average age of receivabl...
Identify the incorrect statement about NBFC (Nonbanking finance company)
In the finance industry, which application of data analysis is most critical for reducing credit risk?
The cost of an asset on 01-01-2002 is 5,00,000 and its life is 10 years with salvage value is zero. If it is sold on 31-12-2008 for 50,000 than calculat...
What is the percentage stake acquired by Bank of India in CCIL IFSC?
If income increase, the investment will ______
Which of the following accounts for least likely a current asset?
Which company has launched India's first-ever UPI-ATM as a White Label ATM (WLA) with the National Payments Corporation of India (NPCI offering cardless...
For a non-financial firm, are depreciation expenses and interest expenses included or not included from operating expenses in the income statement?
The price of the contract is Rs 120. The initial margin is 40 % and maintenance margin is 25%. At what price the margin call will be initiated if perso...
