Question
Who issues the notice of dishonor?
Solution
In the case of dishonour of a negotiable instrument by non-acceptance or non-payment, a liable holder should notify all the parties of his liability by issuing a notice of dishonour.
A type of market where debt and stocks are traded and maturity period is more than a year is known as
In which document of the company is the purpose or objective of its incorporation mentioned, as per the Companies Act?
Under which type of Letter of Credit (LC) is advance payment allowed to the beneficiary before shipment?
In credit risk modeling, which of the following elements must be assessed to calculate the potential expected loss faced by a bank?
1. Probabilit...
As per Income Tax Act, Children education allowance is exempt upto?
Which of the following is NOT a capital budgeting decision?
A company reports the following transactions for the year ended 31st March 2025:
• Equity Share Capital increased by ₹4,00,000 (including ₹...
Which among the following is a Progressive Tax?
When the total of debit and credit are equal, it represents
A person shall be eligible for appointment as an auditor of a company only if he is a _______________