What role of RBI is known as ‘lender of last resort’?
Commercial banks at times face financial crises and at that time are unable to get funds from any other sources.... View Article
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Defence Industrial Corridors (DICs)
Defence Industrial Corridors boosts the defence manufacturing ecosystem through synergistic development of technologies, promote the growth of private domestic manufacturers,... View Article
What does HUF stand for?
HUF stands for Hindu Undivided Family. It is a form of business organisation in which the members who descended from... View Article
Which of the following is not a subhead under the Current Assets?
(A) Cash and Cash Equivalents (B) Trademarks (C) Short-term Loans and Advances (D) Inventories Answer: B. Trademarks Trademark is an... View Article
What does LLP stand for?
LLP stands for Limited Liability Partnership in which the liability of the partners is limited to the extent of their... View Article
The principle followed in a cooperative society is
(a) No vote (b) One man, one vote (c) Multiple votes (d) One share one vote Answer: (b) One man,... View Article
What is the full form of GNP?
GNP stands for Gross National Product. It is also known as Gross National Income. Also read: Difference Between GDP and... View Article
When MU is positive, what happens to TU?
A) It decreases B) It becomes the highest C) It remains constant D) It increases Answer: D. It increases As... View Article
The official signature of a company is called:
A. Prospectus B. Debentures C. Shares D. Common seal Answer: D. Common seal The common seal is referred to as... View Article
Debenture can be issued at:
A. At discount B. At premium C. At par D. All of the above Answer: D. All of the above... View Article
Under which of the following head/subhead is ‘Forfeited Shares’ presented in the Balance Sheet of a company?
(A) Reserves and Surplus (B) Share Capital (C) Other Long-term Liabilities (D) Other Current Liabilities Answer: (A) Reserves and Surplus... View Article
Do you consider a commercial bank ‘creator of money’ in the economy’?
Yes, commercial banks are considered the creator of money in the economy. The creation of money in the economy is... View Article
What is High Powered Money?
High powered money refers to the aggregate of the total currency (coins and notes) that are held by the public... View Article
What is a ‘legal tender’? What is ‘fiat money’?
Legal tender refers to any currency that is declared as legal by the government while fiat money is referred to... View Article
What is the Net exports formula?
Net exports can be calculated by the following formula Net exports = Value of exports – Value of imports Also... View Article
Which of the following is not a limitation of ‘Financial Statements Analysis’?
(A) It is affected by personal bias. (B) Intra-firm comparison. (C) Lack of qualitative analysis. (D) Ignores price level changes... View Article
What is a ‘liquidity trap’?
The liquidity trap refers to the situation where monetary policy becomes ineffective as the interest rate becomes less and the... View Article
How is the equilibrium number of firms determined in a market where entry and exit is permitted?
In a market having the characteristics of free entry and exit, all the firms present in a perfectly competitive market... View Article
How is the price determined in a perfectly competitive market with a fixed number of firms?
In a perfectly competitive market with a fixed number of firms, the firms are operating in the short run and... View Article
When do we say there is excess supply for a commodity in the market?
It can be said that there is an excess supply of a commodity in the market when the supply of... View Article
