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UCO Bank has received the approval of the Reserve Bank of India to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees. UCO Bank which is a Kolkata-based lender is the first bank to receive the regulator’s approval following the decision of RBI to allow Indian Banks to settle trade in Indian currency in July.
During the financial year 2023-24, A had cash sales of ₹3,90,000 and credit sales of ₹1,60,000. His expenses for the year were ₹2,70,000, out of w...
Anger, frustration, humor etc. are which types of barriers to the effective communication?
In the context of cost accounting, expenses are classified into different categories based on their function within the business operations. Based on ...
Which among the followings are correct statements with regard to NBFC in India?
(A) All NBFCs should be registered with RBI.
(B) NBFCs can...
How many Infrastructure Investment Trusts (InvITs) were registered at the end of the period 2023-24, as per SEBI Annual Report 2023-24?
Which of the following is the Trustee bank under the NPS structure?
Which category do Bad debt fall under?
Calculate Gross profit ratio:
Small Finance Banks’ (SFB) major goal is to promote and provide banking services to the underbanked and underprivileged segments of society, the prope...
Which of the statement given below is/are not correct?
