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Q. Banking companies in India are governed by …………………..

Q. The ratios which reveal the final result of the managerial policies and performance is…………..

Q. If Gross profit is 54000 and sales is Rs. 180000 then gross profit ratio will be ….

Q. The removal of loading from the items of branch stock is adjusted through branch……………..Account

Q. The ratio which measures the profit in relation to capital employed is known as

Q. AS – 7 deals with accounting for Government grants.

Q. Debtors turnover ratio is also called .

Q. If Gross profit is 600000, sales is Rs. 15,00,000 then gross profit ratio will be …………..

Q. Every banking company incorporated in India must transfer to the Reserve fund a sum equivalent to not less than 25% of profit of each year before declaration of dividend.

Q. The ratio shows the preference dividend as a proportion of profit available for shareholders is