Category: Banking

Foreign institutional Investors

Accounts course Academy dehradun

Foreign institutional Investors Foreign institutional Investors are foreign based funds authorised by the capital Market Regulator to  invest in the Indian Equity and debts market through stock exchange.

What are Fringe Benefit ?

Accounts course Academy dehradun

What are Fringe Benefit ? Fringe Benefit:-A benefit in addition to salary offered to employees such as use of company’s car, house, lunch coupons, heath care subscriptions etc.or an extra benefits supplement an employee’s money wages or salary example company car,private healthcare etc. Another Definition of Fringe Benefits- A collection of certain benefits that are exempted from tax as long […]

What are Foreign Exchange Reserves

Accounts course Academy dehradun

Foreign Exchange Reserves:- Foreign-exchange reserves (also called forex reserves or FX reserves) in a strict sense are ‘only’ the foreign currency deposits and bonds held by central banks and monetary authorities. However, the term in popular usage commonly includes foreign exchange and gold, special drawing rights (SDRs), and International Monetary Fund (IMF) reserve positions. Crowding […]

what is Central Bank in India and its functions

what is Central Bank in India and its functions Financial institution responsible for issuing currency, managing foreign reserves,implementing monetary policy, and providing banking services to the government and commercial banks RBI is the central bank of India. Several attempts were made from time to time to set up a central bank in India prior to […]

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