Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The funds flow statement takes both cash and non-cash items for accounting. It is used to examine the funds precisely available for working capital from long-term sources. It also enables…
The Fundamental Principles of Finance offer a foundational and innovative approach to understanding financial theory. These principles are essential for making informed financial decisions. The five major principles of finance…
The land, building, machinery etc. are known as non-liquid assets because it can take months for a person or company to receive cash from the sale of such assets. Unlike…
Option is an agreement between two parties offering to buy or sell a security (a stock, bond, commodity or other instruments) from or to the other party at a specified…
ECONOMIC VALUE ADDED (EVA) Economic Value Added (EVA) or Economic Profit is after-tax net operating profit (NOPAT) minus a capital charge. This measure is based on the Residual Income technique…
The Administration of Union Territory of Ladakh, declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2025 under section 25 of negotiable instruments act…
The operating cycle of a manufacturing unit means the length of time required to convert ‘Non-Cash current assets’, (like raw material (RM), work in process (WIP), finished goods (FG), and…
The Administration of Lakshadweep declared Public holidays to be observed throughout the UT Lakshadweep during the calendar year 2025 under section 25 of Negotiable Instruments Act 1881. The list of…
The Administrator of Dadra-Nagar Haveli, Daman and Diu, declared public holidays with effect from 1st Jan 2025 under section 25 of Negotiable Instrument s Act 1881. Banks are closed on…
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