P and Q start a business with initial capital of 40000 and 60000 respectively. After 8 months, R joined them in the business with initial capital of “C”. If at the end of the year the profits were distributed in the ratio of 2:3:6. Find the initial capital “C” of R.
Ratio of profit=> 40000×12 : 60000×12 : C×4 => 120000 : 180000 : C Given ratio of profit : 2:3:6 By using above information we get: 120000/2 = C/6 => C = 360000
What is the form in which bullion is traded on the India International Bullion Exchange (IIBX)?
Which of the following are under the 6 Challenges to Global Growth, according to the Economic Survey 2022-23?
1. Synchronized policy rat...
The IFSCA Act shall be applicable to o the International Financial Services Centres set up under section 18 of the_______________________.
A Global In-House Centre shall maintain its books of accounts, records and documents, in such_________________ as may be declared at the time of making...
Which of the following statements is/are correct in regards to the Economic Survey of India?
1.It is mandatory for the government to present the ...
Who is the chairperson of the IFSCA?
Consider the following document and give the answer:
I. Annual Financial Statement (AFS)
II. Demands for ...
As per the International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020 a Global In-House Centre may conduct its busin...
How did Indian cities rank in Global Financial Centres Index (GFCI) 33?
What is the premium discount offered by Niva Bupa's ReAssure 2.0 on policy renewal basis health points earned?