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Which is deducted while working out net-worth?
AIntangible assets
BImmovable assets
CInsured assets
DInventory assets
Answer & Solution
Correct answer: A. Intangible assets
1. Accumulated losses are deducted.
2. So are deferred revenue expenditure and deferred tax assets.
3. The book value of intangible assets is deducted too.
_Source: RBI Master Directions on Authorisation to operate a Payment System_
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