Question
Every Nidhi Company shall, within a period of one year
from the commencement of the Nidhi Rules 2014, ensure that it has _______________Solution
Section 5 Â for minimum number of members, net owned fund etc.: (1) Every Nidhi shall, within a period of one year from the commencement of these rules, ensure that it has:Â (a) not less than two hundred members; (b) Net Owned Funds of ten lakh rupees or more; (c) unencumbered term deposits of not less than ten per cent of the outstanding deposits as specified in rule 14; and (d) ratio of Net Owned Funds to deposits of not more than 1:20.
Which of the following risk factors pose business risk to an entity?
                     I.       Sales volume and...
What is the distinction between ethics and morality based on their scope?
Match the following measures of money supply with their correct descriptions:
1. M1
2. M2
3. M3
A. M1 + Savings deposits wit...
On what basis is an individual resident Indians permitted to include NRI close relatives as a joint holder in resident bank account?
Which of the following organisations are involved in preparation of Social Progress Index (SPI)?
What does the term "Recovery Risk" primarily depend on?
Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
Revaluation reserve are included as Tier II capital at a _______ discount for the purpose of capital adequacy ratio.
What are the mismatch tolerance levels for time bucket of 15 – 28 days in the ALM statement?
 For receiving grant from abroad under the Foreign Contribution Regulation Act, which of the following would give permission for the same?
