The 'External Commercial Borrowings' (ECB) policy is governed by: MCQ with Answer and Explanation
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Question #1
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In the Indian financial system, SEBI regulates:
Correct Answer: Option C
Explanation:
The Securities and Exchange Board of India (SEBI) is the regulatory body for the securities and capital markets in India.
The Securities and Exchange Board of India (SEBI) is the regulatory body for the securities and capital markets in India.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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The rate of interest on calls-in-advance as per Table F is:
Correct Answer: Option C
Explanation:
As per Table F of Companies Act, interest on calls in advance is 12% p.a.
As per Table F of Companies Act, interest on calls in advance is 12% p.a.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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During dissolution of a partnership, realization expenses paid by a partner on behalf of the firm are:
Correct Answer: Option D
Explanation:
Because the firm owes the partner for this expense, it is charged to Realisation (Debit) and credited to the Partner's Capital account.
Because the firm owes the partner for this expense, it is charged to Realisation (Debit) and credited to the Partner's Capital account.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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