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When was State General Reserve Fund created?
State General Reserve Fund was created in 1980.
When was Revenue Equalization Reserve Fund created?
Revenue Equalization Reserve Fund was created in 1956.
What was the Reserve Fund?
The Reserve Fund was the first money market mutual fund
What was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
When was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
Was the Reserve Fund the first money market mutual fund?
The Reserve Fund was the first money market mutual fund
What year was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
What is another word for fund?
Another word for the verb "fund" is "finance." Another word for the noun "fund" is "treasury" or "reserve."
What is difference between fund and reserve?
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What is the difference between general reserve and revenue reserve?
A reserve which is created out of the revenue profit is called revenue reserve. Revenue profit is earned in the normal course of the business. Revenue reserve refers to the undistributed revenue profit. It is created for strengthening the financial position, replacing deprecialble assets, redeeming liabilities, declaring uniform rate of dividend and conducting research and development functions. If the reserve is not needed in the future, it can be distributed as dividend to the shareholders.There are two types of revenue reserve:a) General ReserveA reserve which is created out of the profit not for a specific purpose is known as general reserve.General reserve is used for general purpose as per the discretion of the management. Usually, general reserve is used for strengthening the financial position and meeting future contingencies and losses.b) Specific ReserveA reserve which is created out of the profit for a particular purpose is known as specific reserve. Such reserve can not be utilized for any purpose other than specified. Specific reserve is created by debiting the profit and loss appropriation account. It can be invested in outside securities. It serves for a specific purpose as to equalize dividend or to redeem a fixed liability or to replace a fixed assets or to conduct a research and development work.The following are the important types of specific reserve:* Dividend equalization fund* Sinking fund* Research and development fund
What is a disadvantage of a reserve fund?
A disadvantage of a reserve fund is that it can lead to inefficient capital allocation, as funds may remain idle instead of being invested in growth opportunities. Additionally, maintaining a reserve fund requires discipline and consistent contributions, which can strain budgets, especially for organizations facing financial challenges. Lastly, if the reserve fund is not managed properly, it may not yield sufficient returns to keep pace with inflation, diminishing its value over time.
What is the difference between capital reserve and reserve capital?
Capital reserve is a reserve created to deal with general, unspecified contingencies such as inflation. It is a fund set aside for the specific purpose and can not be distributed for other uses. Normally it is legally not distributable as dividends to shareholdersReserve Capital is the part of the Authorised capital which is not yet called up
