Question
Identify the institution that accepts deposits, makes
loans, and makes investments with the intent of profiting.Solution
Commercial banks accept all types of deposits, advance loans, and invest deposit money in various investment schemes in order to earn profit.
Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as ?
When was NABARD established?
What is the appropriate method for calculating the cost of inventory when there are significant fluctuations in purchase prices?
SBI has an account with Citi Bank in USA. If Bank of Baroda wants to use this account for a transaction, it is known as _______
What is the appropriate accounting treatment for general donations and legacies received by a non-profit organization in India?
As per section 44 of the Companies Act 2013, The shares or debenture or other interest of any member in a company is movable property transferab...
What is a special purpose vehicle (SPV) in project finance?
Interim Dividend can be paid out of which of the following?
According to the Master Circular on KYC norms issued in January 2024, what is the minimum denomination for the issuance of Non-Convertible Debentures (N...
How much did HDFC Bank sell its stake in Protean eGov Technologies for?