Does it count towards net-worth?
Exercise and reference answers
- Left
- Counted
- Items
- Item
- Paid up equity
- Answer
- Counted
- Item
- Free reserves
- Answer
- Counted
- Item
- Share premium
- Answer
- Counted
- Item
- Sale surplus
- Answer
- Counted
- Item
- Revaluation gain
- Answer
- Excluded
- Item
- Accumulated loss
- Answer
- Excluded
- Item
- Intangibles
- Answer
- Excluded
- Item
- Deferred tax
- Answer
- Excluded
- Right
- Excluded
- Instructions
- Swipe left for Counted, right for Excluded.
Explanation
_Source: RBI Master Directions on Authorisation to operate a Payment System_