What is RTGS system and when it was formulated and who?
- 2 Answers
- 3828 Views
- I also Faced
- E-Mail Answers
Answer Posted / bhupender janmejai
REAL TIME GROSS SETLEMENT SYSTEM,have u noticed when we go to a bank to deposit money we get the fund in our bank account within minutes,this is due to the use of electronic fund transfer that most banks are using nowadays.
| Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
state and explain THREE types of situation to which accounting concept might be applicable
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
what is the difference between Assets Allocation & Security selection?
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
am attend to bank exam(iob)pls send model questions
what is automatic payment in sap fico
what are the purpose for the preparation of cost centre ?
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
when apply for ragistred in central excise no
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
All shot cut key use in the tally software & it's uses
what are the certificates needed at the time of SBI clerical interview?
