A futures contract is more standardized, formalized and a legally binding agreement to buy/sell a commodity or a financial instrument at a pre-specified future date and at a price agreed upon today. These contracts are typically traded at an exchange.
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
An LC which authorises the Advising Bank, to transfer, at the request of the First Beneficiary the credit available in whole or in part to one or more o...
Security firms are primarily exposed to
In preparing financial statements in accordance with the Schedule III of the Companies Act 2013, it is crucial to correctly classify various items to en...
In order to settle an international trade in Indian rupee, an AD bank needs to open ______________ of correspondent bank/s of the partner trading countr...
What is the major difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Consider the following statements with respect to the dematerialisation of the alternative investment funds (AIFs) -
I.AIFs with a corpus of ov...
Which of the following is a common method of buying bullion?
1) Purchasing bullion from a pawn shop.
2) Investing in a bullion-backed exch...
Which of the following statements is/are correct regarding Securities and Exchange Board of India (SEBI)?
1)SEBI is the regulatory body for capit...
Which of the following Liabilities are not shown in the Balance Sheet?
