Here TT selling rate should be used and exchange margin will be added, since for the bank, it is a sale transaction. Spot rate selling rate = 85.50 Add margin @ 0.15% = 85.61 Gross amount due from customer = 85.61 x 10000 = 856100
As per section 4 of the Prevention of Corruption Act, notwithstanding anything contained in the Code of Criminal Procedure, 1973 the trial of an offence...
As per the Banking Regulation Act the chairman shall exercise his powers subject to the superintendence, control and direction of the ___________________
According to Sales of Goods Act, 1930 “ mercantile agent ” means a mercantile agent having in the customary course of business as such
Any person aggrieved by an order of the Board made before the commencement of the Securities Laws (Second Amendment) Act, 1999 may prefer an appeal to ...
Which statute governs insolvency professionals?
Which section of Patents Act, 1970 deals with burden of proof in case of suits concerning infringement?
If at any time the Central Government is of opinion that Board unable to perform its functions, it may by notification, supersede the Board for such per...
Section 3 of the Limitation Act, 1963 provides bar to__________________ if filed after prescribed limitation period:
Is it mandatory to reduce arbitration award into writing?
Section 55 of Transfer of Property Act, 1882 provides for_______________