Which of the following is not a specified criteria to be fulfilled by Infrastructure Finance Companies (IFC)?
IFCs - infrastructure finance companies “Infrastructure Finance Company” means a non-deposit taking NBFC that fulfils the following criteria: (a) a minimum of 75 per cent of its total assets deployed in “infrastructure loans”; (b) Net owned funds of ₹300 crore or above; (c) minimum credit rating of 'A' issued by any of the SEBI-registered Credit Rating Agencies; (d) CRAR of 15 per cent (with a minimum Tier I capital of 10 per cent). It is important to note that there is no specified minimum number of branches that an Infrastructure Finance Company (IFC) needs to operate. The Reserve Bank of India (RBI), which regulates the functioning of IFCs, does not have any such requirement.
In the case of Maruti-Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in the course of time. T...
Which of the following is an example of “Non-current liabilities”?
Under which section of the Income Tax Act, 1961, is the term "person" defined?
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
Which of the following is not a fixed asset?
IRR would favour a project proposal which has _________.
Ajay draws a bill on Vinay for ₹ 60,000. Vinay accepts it. Ajay endorses it to Chintu in settlement of ₹ 70,000 at 2% discount and the balance in ca...
Internal auditor is removed and appointed by which among the following?
Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B T...
Family Pension is taxable under which head of Income?