Question
India has taken over the stock market capitalization of
which country for the first time with the combined value of shares listed on Indian exchanges reaching $4.33 trillion according to data compiled by Bloomberg ?Solution
India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion according to data compiled by Bloomberg. That makes India the fourth-biggest equity market globally. Its value crossed $4 trillion for the first time.
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
Which of the following is the platform for investors to trace inactive as well as unclaimed mutual fund investments ?
The 'Basel III' framework primarily focuses on:
The 'MCLR' (Marginal Cost of Funds based Lending Rate) system replaced the earlier 'Base Rate' system. What is a key component in calculating MCLR?
Which of the following is not allowed in small accounts?
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
A bank has statutory reserve requirement of 25% of Net Profit before appropriations. Net Profit before appropriations = ₹40 crore. Transfer to reserve...
A bank’s Profit before appropriations = ₹20 crore. Statutory reserve requirement is 25%. The bank also transfers ₹2 crore to Investment Fluctuatio...
A bank has Bills Discounted worth ₹4,00,000. Unexpired discount at year-end is ₹40,000. What is the adjustment in final accounts?
