In the financial markets, the process of dematerializing government securities involves converting physical certificates into electronic form. This process facilitates easier and more efficient trading and handling of these securities. Government securities, issued by the Central Government or State Governments, are recognized as debt obligations and can be short-term (treasury bills) or long-term (government bonds or dated securities). In India, the Reserve Bank of India (RBI) plays a crucial role in the issuance and management of these securities on behalf of the government. Therefore, certain regulatory approvals are required for institutions like the National Securities Depository Limited (NSDL) to dematerialize these securities. NSDL has to take prior approval of which organization to dematerialize government securities.
A Government Security (G-Sec) is a tradable instrument issued by the Central Government or the State Governments, acknowledging the government’s debt obligation. These securities can be short-term, like treasury bills, or long-term, like government bonds. In India, the Reserve Bank of India (RBI) issues government securities on behalf of the government. Consequently, NSDL must obtain prior approval from the RBI before dematerializing these securities. This ensures that the dematerialization process aligns with regulatory standards and maintains the integrity of the financial system.
Which of the following is not a principle of Kaizen Costing?
RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses =...
If cost of equity is 15% with weight 1/3 and cost of debt is 10% with weight 2/3, calculate weighted average cost of capital. Rate of tax is 32%?
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Which of the following do not fall under the scope of Cost Accounting?
In costing, which of the following standards are also known as the past performance standards?
Which of the following is a technique of inventory management?
The process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are calculated and ends with the...
Irrelevant and historical cost is _______
If 8000 units are introduced in a process and normal loss is 5% of input, Closing WIP is 1000 units which is 60% complete and 6600 units are transferred...