Answer / lakshminarayanan

Scheduled Bank is nothing but State bank Of India and other
banks which are under SBI control (SBI-Authorised Agent of
RBI) .Other Banks are Non-scheduled Banks.

In respect of CRR(Cash Reserve Ratio) and SLR----RBI(SBI)
will maintain the Cash by itself whereas SLR(Statutory
Liquidity Ration) will restric the Exconomy by increasing
and decreasing the interest rate within themselves to waive
of the inflation in Goverment securities.

Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?

1 Answers  

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How do you calculate GRATUITY and how much its exempted under taxation?

1 Answers  

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genteral interview question for accounting

2 Answers   Capital IQ,

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What is the full form of GAAP?

23 Answers   Accenture,

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please tell me what is journal entry for salary: Gross Salary 10000 and net salary 75000.

3 Answers   Synergy,

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GOVERMENT COMPANY FOLLOWS WHICH TYPE OF ACCOUTING SYSTEM

2 Answers  

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What is the difference between issued capital and subscribed capital?

2 Answers  

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How the Entry passed for Loss of Payment

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What is a Goods Receipt

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how can i calculate annual turnover for a construction company

6 Answers   Coss Construction Company, Sun Construction,

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Please tell me what is the journal entry of closing balance ?

2 Answers   IBM,

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if we have received the bill of telephone and electricity for the period 16th march to 15 april ,what will be the entry for the year ended 31st march '10?will there be any provision entry for this

3 Answers  

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