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Statement 1 is incorrect as the purity of bullion is measured in fineness or millesimal fineness, not in carats. Statement 2 is also incorrect as the higher the carat value, the purer the gold, and not the other way around.
Which of the following statements about Net Owned Fund (NOF) requirement for ARCs is true?
Which of the following best describes a Bridge Loan?
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
The Reserve Bank of India (RBI) uses the monetary policy to manage liquidity or _____ in a manner that balances inflation and at the same time aids grow...
PQR Ltd consumes a minimum of 1250 units in 4 weeks while the average rate of consumption per week is 625 units. If it takes 4 weeks on average for the ...
An asset bought at Rs.10 lakh was sold for Rs.4 lakh after 3 years. What is the depreciation charged on the asset per year as per straight line method?
Which of the following function of management requires intellectual ability?
What is the difference between GVA and GDP?
Owners’ equity is shown as the liability in the balance sheet. This is based on the accounting concept:
Every individual subscriber is issued a Permanent Retirement Account Number (PRAN) under NPS. How many digits are there in PRAN?