Question
As per an RBI report, Asset Quality of SCBs continued to
improve steadily through the year, with gross non-performing assets (GNPA) ratio declining from 7.4 per cent in March 2021 to a six-year low of ________ in March 2022.Solution
The correct answer is B
A company purchased machinery for ₹20,00,000 on 1st April 2022. Freight ₹1,00,000, Installation ₹50,000, Trial run expenses ₹30,000, and Loss du...
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
Compute material purchased from the given information.
Opening stock of raw material = Rs. 1,00,000
Prime cost = Rs. 10,00,000
Dire...
Which of the following directors is NOT appointed by the Board of Directors?
When a transaction of supply of goods/services is made between two persons who are not related to each other and price is the sole consideration for the...
A general insurance company has the following balances: Current Assets = ₹12 lakh, Inventories = ₹2 lakh, Bank overdraft = ₹1.5 lakh, Other Curren...
What is accounting standard-3 (revised) associated with?
The parties to a promissory note are:
If the realisable value of security held by a bank is less than what percentage of the exposure, the asset is treated as unsecured (loss asset)?
