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Money serves four primary functions: 1. Unit of value – Measures the worth of goods and services. 2. Standard for deferred payment – Used for loans or future payments. 3. Store of value – Maintains purchasing power over time. 4. Medium of exchange – Facilitates transactions. Since all options are correct, the answer is 3 (a, b, c & d).
What is the minimum paid-up share capital to incorporate a Nidhi company?
TRP Ltd. recorded operating profit of Rs.100,000, tax of Rs.17000, interest of Rs.34,000 and dividends of Rs.5000. What is the company’s net profit a...
Which of the following is not one of the major 5 Functions?
Who is the regulator of India International Bullion exchange?
In a leveraged buyout (LBO), what is the primary source of funds used for the acquisition of a company?
A risk-averse investor is best described as an individual as __________
Who was ranked as the top central banker globally for the second consecutive year by Global Finance magazine in 2024?
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
ABC Ltd is a financing company and has given loans and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :
People who are disciplined and organised belong to which type of personality as per the OCEAN Model?