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Functions of Central Bank of a Country
The central bank of a country is the institution that is responsible for managing the money supply, interest rates, and financial stability of the economy. The central bank of India is the Reserve Bank of India (RBI), which was established in 1935. The RBI performs various functions to achieve its objectives of economic growth, price
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How to Calculate Cash Flow from Investing Activities
Type of Questions The questions for finding the cash flow from investing activities will usually have the balance sheet data for two years with some additional information as shown below Particulars 31-Mar-2022 31-Mar-2021 Plant and machinery 1000000 850000 Additional Information : Plant and machinery with Book Value of Rs 60000 was sold for Rs 40000
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How to invest in Gold in India
There are several avenues to invest in gold in India, including:
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Gold Mutual Funds
What are Gold Mutual Funds? Gold mutual funds are investment vehicles that invest in a diversified portfolio of gold-related securities, such as gold mining companies or gold exchange-traded funds (ETFs). Gold mutual funds provide professional management and diversification, making them a convenient and potentially low-risk way to invest in gold. Features of Gold Mutual Funds
Gold Bonds
What are Gold Bonds? Gold Bonds are government securities issued by the Reserve Bank of India (RBI) on behalf of the Government of India. They are denominated in Indian Rupees and are backed by the government’s guarantee. The main aim of the Gold Bonds scheme is to reduce the demand for physical gold in the