The NISM Series VIII- Equity Derivatives Certification Examination aims at creating a common minimum expertise standard for all persons who are involved in trading equity derivatives in a recognized stock exchange. Exam …
28 March 2024
The NISM Series VA:Mutual Fund Distributors Certification Examination aims at creating a common minimum expertise standard for all persons who are involved in trading equity derivatives in a recognized stock exchange. Ex…
The NISM-Series-I: Currency Derivatives Certification Examination aims at creating a common minimum expertise standard for all persons who are involved in trading equity derivatives in a recognized stock exchange. Exam P…
10 February 2020
Junior Associate of the Indian Institute of Bankers or JAIIB is a flagship course conducted by Indian Institute for Banking and Finance. The exam is meant for the people already working in banking institutes and cleari…
18 October 2019
Introduction: Tallying of the trial balance is not conclusive proof of the accuracy of accounts. This is because there are certain categories of errors which, even though has taken
17 October 2019
Accounting can be defined as, “a systematic process of identifying, recording, measuring, classifying, verifying, summarising, preparing, interpreting and communicating financial
04 October 2018
1. Sale (Section 54) It is a transfer of ownership in exchange for a price paid or promised or part paid and part-promised. Essentials to be constitute as sale The seller and buyer are not disqualified to be transferor …
1. Applicability (Section 1) This Act extends to the whole of India (including state of Jammu and Kashmir). It applies also to any offence or contravention committed outside India by any person, irrespective of his nati…
1. Obligations It is Obligation of; Banking Companies, Financial Institutions and Intermediaries or a person carrying on a designated business or profession
1. Definition As per section 2(20) of the Companies Act, 2013 a “company” means ‘A company incorporated under this Act (Companies act, 2013) or under any previous company law (Companies Act, 1956 or any previous law)’
1. Introduction and Features The law relating to sale of goods was originally dealt with by the Indian Contract Act, 1872, prior to 1930. During the year 1930, Sections 76 to 123 of the Contract Act were repealed. A sep…
1. Obligations (section 4) Every public authority under the Act has been entrusted with a duty to maintain records and publish manuals, rules, regulations, instructions, etc. in its possession as prescribed under the A…
03 October 2018
1. Definitions – only importance definitions are covered below, that is also in layman language Access means gaining entry into or instructing or communicating resources of a computer or computer system or computer netw…
1. Definition & Types of Partnerships Partnership (Section 4 of Indian Partnership Act, 1932, herein after act of 1932) ‘The relationship between two or more persons (known as partners), who have agreed (either writ…
1. Introduction As a result of increasing complexities of business environment, innumerable contracts are entered into by the parties in the usual course of carrying on their business. ‘Contract’ is the most usual metho…
1. Important Terms (section 2) Note – Terms are explained in easy words – not re-produced as it is in bare act. Authorised Person: Means dealers and money changers who were licensed to deal in foreign exchange, also inc…
1. Definition & Features of a Company Word ‘company’ is composition of two Latin words ‘Com’=with or together & ‘panis’ =bread So based upon these words and their meaning, Company is referred to ‘an association…
21 January 2018
Eligibility Candidates must have passed the matriculation examination or its equivalent. The Institute may allow any candidate from clerical or supervisory staff cadre of banks to appear at the examination on the recomme…
20 January 2018
The rural co-operative credit system in India should be mandated to check the flow of credit to the agriculture sector. This system was classified into as – short term and long term co-operative credit structures. The s…
19 January 2018
Dear Readers Indian Institute of Banking and Finance IIBF has Released the Schedule for JAIIB and DB&F exams. JAIIB and DB&F exams are conducted twice a year viz in May and November. Important Dates Regular Open…
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