Question
A single insurance policy that combines several coverage
previously sold separately is termed as?Solution
A Package Policy is a type of insurance policy that usually includes more than one kind of insurance coverage. The most common Package Policy combines property coverage, such as for buildings or business contents, with liability coverage, such as premises liability or product liability.
Given the following information, calculate the Deferred Tax Asset (DTA) or Deferred Tax Liability (DTL) amount if the tax rate is 30%:
Profits as...
A and B exchange currency at a rate that takes place after a period of 1 month from spot date. What is the rate called in such case?
 Authorised capital of a company is Rs.5 lakh and 40% of it is paid up. What would be the tangible net-worth of the company if it reported Loss during...
What is the primary goal of implementing expansionary fiscal policy during a recession?
The FSIB is responsible for r ecommending to the government the person for appointment to the Board of financial institutions . What is the full form of...
Which Section of the Insolvency and Bankruptcy Code, 2016 repealed the Presidency Towns Insolvency Act, 1909 and Provincial Insolvency Act, 1920?
Under the Pradhan Mantri Jan Dhan Yojna, a BSBD account can be opened in any bank branch or Business Correspondent (Bank Mitra) outlet, by persons not h...
In a scenario where the number of interested directors on a company’s Board of Directors is equal to or exceeds two-thirds of the total Board strength...
Given the following information, calculate the Deferred Tax Asset (DTA) or Deferred Tax Liability (DTL) amount if the tax rate is 30%:
Profits as...
Calculate the Debt Equity ratio of the company.