0
What else can I help you with?
What is the purpose of the Federal Reserve Board?
The Purpose of the United States Federal Reserve Board is that of a governing body to oversee and make important decisions to do with the Federal Reserve Bank and the United States' currency and monetary issues.
What is the purpose the reserve requirement?
It protects public deposits.
What is is the purpose of the Federal reserve bank?
The Federal Reserve Bank manages the U.S. economy by controlling the money supply.
What was the purpose of the federal reserve act apex?
To stabilize the U.S banking system
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 the purpose of the Federal Reserve Board?
The Purpose of the United States Federal Reserve Board is that of a governing body to oversee and make important decisions to do with the Federal Reserve Bank and the United States' currency and monetary issues.
What is the purpose of reserve requirements?
It protects public deposits.
What is the purpose the reserve requirement?
It protects public deposits.
Difference between Debenture Redemption Reserve and Capital redumption Reserve?
The Capital Redemption Reserve is a fund that secures a creditor. Debenture Redemption Reserve is for the purpose of security payments only.
What is is the purpose of the Federal reserve bank?
The Federal Reserve Bank manages the U.S. economy by controlling the money supply.
What does the French word 'reserve' mean?
It can mean what is kept in reserve or if there's an accent on the last é - reserved.
Can revaluation reserve be use for bonus issue?
Yes it can use any of the capital reserves for the purpose, like Share Premium Account, Capital Redemption Reserve & Revaluation Reserve...
Do I reserve my right to take legal action in this matter?
Yes, you have the right to take legal action in this matter.
Is it legal to create a contract for an illegal purpose?
No, it is not legal to create a contract for an illegal purpose.
What is the purpose of a reserve for depreciation and depletion?
To preserve the corpus for the remainder beneficiaries
What is the purpose of a reserve for depreciation or depletion?
to preserve the corpus for the remainder beneficiaries
What is the difference between retained earnings and revenue reserve?
Capital reserve is capital set aside for specific future purpose such as building a new facility in the near future. It would be like you saving to buy a new a car. Reserve capital is money set aside for unforeseen issues. It's like a saving account or emergency fund that has no specific earmark.
