🏁 The quiz 'CA INTER ROCKS QUIZ 31 "DT"🥳' has finished!

28 questions answered

🥇 Preeti Mundra – 27 (5 min 15 sec)
🥈 @Manisha39 – 27 (5 min 24 sec)
🥉 Yukti – 27 (6 min 36 sec)
4. Priyanshi Verma – 27 (7 min 43 sec)
5. Drishti💛 – 26 (2 min 16 sec)
6. @Puchkiiiiii – 25 (4 min 45 sec)
7. @agarwal2334 – 25 (5 min 20 sec)
8. Manu – 25 (5 min 50 sec)
9. Gitesh – 25 (6 min 22 sec)
10. @D1MPY – 24 (6 min 24 sec)
11. Rimjhim – 24 (7 min 11 sec)
12. @Mngl2 – 23 (5 min 20 sec)
13. Neha Agarwal – 23 (5 min 38 sec)
14. V S – 23 (7 min 9 sec)
15. @MonikaMali17 – 22 (6 min 53 sec)
16. abhinandan Rawal – 21 (5 min 18 sec)
17. @Sakshi_134 – 21 (6 min 51 sec)
18. Dishu Bagla – 21 (7 min 6 sec)
19. @RahulAgarwal20 – 21 (7 min 35 sec)
20. Vanshika Jindal – 20 (6 min 28 sec)

🏆 Congratulations to the winners!

Ca Inter Test 19👉 DT

Written test will be in our group👉👉 @CaInterRock


Subject:- DT
Chapter👉Salaries
Date👉 13 aug.
Time👇👇👇

For Night Study Club:- 4:00 AM to 4:30 AM morning

For Regular:- 6:00 PM to 6:30 PM evening


DT revision series by CA Bhanwar Borana Sir👇👇👇
https://t.me/CaInterRocks/558

Full Schedule👉 https://t.me/CaInterRocks/1184

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

#Tu_Phodega

The best Thing of us that we can do anything if we really want to do it... irrespective of the situations...

#Tu_Phodega

Happy Janmashtami to Everyone...🥳

Will Share a Trick To Do Effective Study......
#Tu_Phodega

Basic concept of charge

📚 Ca Inter Costing Scanner

🔰Past Years Ques. Compiler📒 with Solution

By 😎 Ca Namit Arora Sir


Click Here to get more Pdfs and notes.

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

📌 Road Map Of Our 2 Months Study Plan

Starting From 1st Sept. In our Channel 👉@InterDailyTargetsRocks
Join Before 31st Aug.

🖥CA Inter Group 2 Advance Accounts
🔰Short LMS Videos Playlist
By 😎Parveen Sharma Sir

https://www.youtube.com/playlist?list=PLh-pY5KRi_tv4F5Rfhraprd_DLX4L6IL0


⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

🖥CA Inter Group 1 Accounts
🔰Short LMS Videos Playlist
By 😎Parveen Sharma Sir


https://www.youtube.com/playlist?list=PLh-pY5KRi_tvcLYUTfzJEqJcvE3kdSNe3

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

Revision Stretegy of CA Inter Syllabus By Sanjay Saraf Sir

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

Test 19-DT(Salary)

https://drive.google.com/file/d/1ViZdb2SSz-kYEyscTz1hE6c1c5Vtr-2M/view?usp=drivesdk

Suggested answers:- 7:00pm

Self evaluation

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

Test 19 Solution

https://drive.google.com/file/d/1iUkPQTOxVB9tOHfJ8F93ZNzwHZXFiXh6/view?usp=drivesdk



⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

For any help👉 @CaInterRocks_bot

#Tu_Phodega

Ca Inter MCQ Fun Quiz 32-DT

Quiz will be only in our group..
Join group for quiz👉 t.me/CaInterRock

Subject:- DT
Chapter👉Income from House Property
Date👉 14 aug.
Time👇👇👇

For Night Study Club:- 4:00 AM to 4:30 AM morning

For Regular:- 6:00 PM to 6:30 PM evening


DT revision series by CA Bhanwar Borana Sir👇👇👇
https://t.me/CaInterRocks/558

Full Schedule👉 https://t.me/CaInterRocks/1184

⚡️~ t.me/CaInterRocks
Join Us📲 For More Stuff ✌️
⚡️~ @CaInterRocks

#Tu_Phodega

Small Update For Night Study Club...

Dosto aaj mae night study club me nhi aaunga Because kal early morning me Jaipur janna hae...
Esleye Night Study Club Walla Quiz Nhi hogga aaj...
Kal sham ko 6 bje attend ker lena quiz....👍👍👍

Very interesting conversation between a Brother and Sister about CRR, SLR, Repo Rate, Reverse Repo great Rate, Interest Rates on Bank Deposits / Loans, & Inflation,etc.*👇

_Very easy to understand_….

*Sister* : I have heard recently that Governer of Reserve Bank has reduced Repo Rate by 50 basis points and everyone is saying that this is good for the market. Loan EMI may also come down. What is this rate cut means actually? I want to understand this.

*Brother* : To understand this you first need to know, how does a Bank function.

*Sister* : Why?

*Brother* : Because all these are inter-related. Tell me – what does a bank do?

*Sister* : Bank takes money from depositors and gives loan to earn interest. That way they keep everyone happy and make a profit also.

*Brother* : Correct, but there are more to it. Let me explain this in a very simplistic way. Bank needs money. Bank can get money from depositors like you and me and also from RBI. But bank also needs to pay certain interest to us and also to RBI.

*Sister* : Ok.

*Brother* : Let us try to understand first – what happens when we deposit, say, Rs.100 with a Bank.

*Sister* : I know that. Bank gives that Rs.100 to someone who needs a loan.

*Brother* : No, it is not that simple. Remember, though bank can earn interest by giving away loans, but it is also very risky. There are many cases of loan defaults. This way banks can put all our money into high risk areas. It has to be protected.

*Sister* : How?

*Brother* : Ok, RBI has made it mandatory that upon receiving, say, Rs. 100 – banks first have to deposit Rs. 4 with RBI. RBI keeps this Rs. 4 in its current a/c and hence banks do not receive any interest on this money. This is known as Cash Reserve Ratio or CRR, which is currently at 4%.

*Sister* : Hmmm, then?

*Brother* : RBI has also made it mandatory that upon receiving, say, Rs. 100 – banks need to compulsorily buy central and state govt. securities of Rs.21.50. Of course banks will earn some interest income here. This is known as Statutory Liquidity Ratio (SLR), which is currently at 21.50%.

*Sister* : Ok, so you mean to say that upon receiving Rs. 100, banks can spend only Rs. 74.50 at its own will.

*Brother* : Correct. 100 – (4 + 21.50) = 100 – 25.50 = 74.50

*Sister*: But you were saying that banks can also borrow from RBI. What interest banks pay to RBI?

*Brother* : Before 30th September, banks were paying 8.25% interest to RBI when it borrows money from RBI. Now this rate has been reduced by 50 basis points. So banks now need to pay interest to RBI, if it borrows from RBI, at the rate of 7.75%. This is known as Repo Rate.

*Sister* : Can fixed deposit rate be affected by reduction of Repo Rate?

*Brother* : Of course. If banks get money from RBI @7.75%, why will banks pay higher interest to you and me? One year FD rate is already revised by many banks and it is equal to or very close to 7.75%.

*Sister* : But as now banks are getting money at a cheaper rate, then they should reduce the loan interest rate i.e. passing on the benefits it receives.

*Brother* : Correct. They should. And on that hope market is cheering. If companies get loan at a cheaper rate, they will likely to expand their businesses. That will create more jobs, more income and boost the economy.

*Sister* : How is inflation linked to this?

*Brother* : See, when loan becomes cheaper, people tends to borrow more. That means people will have more money to spend. This will increase the demand for goods, and if supply does not increase to match this demand, then prices will increase.

*Sister* : So there is a chance, that inflation may rise also?

*Brother* : Well, yes. But inflation depends on many other factors as well, like production (industrial and agricultural), manufacturing, export – import, foreign currency movement etc. So inflation may increase or may not.

*Sister* : One last question. Like we deposit our money with banks, can banks also deposit their money with someone?

*Brother* : Yes, they can deposit with RBI and earn interest too. This interest is typically 1% less tha

🏁 The quiz 'CA Inter Rocks Quiz 32' has finished!

24 questions answered

🥇 KARUN ... – 24 (2 min 17 sec)
🥈 Yukti – 24 (5 min 27 sec)
🥉 Yashvi – 23 (4 min 47 sec)
4. Manu – 23 (5 min)
5. Preeti Mundra – 22 (1 min 59 sec)
6. @Nawabzaadae – 22 (3 min 41 sec)
7. @MonikaMali17 – 21 (5 min 18 sec)
8. Priyanshi Verma – 21 (5 min 54 sec)
9. @Manisha39 – 20 (4 min 21 sec)
10. Sejal – 20 (5 min 21 sec)
11. @Gitesh31 – 20 (5 min 38 sec)
12. Ayush – 20 (5 min 52 sec)
13. @Sanyamkalra43 – 19 (3 min 3 sec)
14. Neha Agarwal – 19 (6 min 1 sec)
15. kushi – 19 (7 min 9 sec)
16. Harsh Goyal – 19 (7 min 36 sec)
17. shubhangi ahuja – 18 (5 min 12 sec)
18. A A – 18 (5 min 14 sec)
19. @Puchkiiiiii – 18 (5 min 46 sec)
20. Rimjhim – 18 (5 min 52 sec)

🏆 Congratulations to the winners!