Adani Group Manager Interview Questions and Answers

Z rule of cheque is a banking practice that requires the drawer to draw a line on the cheque after the amount to prevent any alteration.

• Z rule is also known as the 'not negotiable' rule.

• It is a security measure to prevent fraud and unauthorized alterations.

• The line should be drawn from the end of the amount to the end of the line.

• The line can be straight or zigzagged, but it must be continuous.

• If the cheque is crossed,...read more

Cheques and currency have various security features to prevent counterfeiting and fraud.

• Cheques may have watermarks, holograms, or special inks to prevent alteration or duplication.

• Currency may have security threads, microprinting, or color-shifting ink to deter counterfeiters.

• Both cheques and currency may have serial numbers or other unique identifiers to track authenticity.

• Advanced security features like biometric au...read more

IFRS has various accounting treatments, such as fair value accounting, impairment accounting, and lease accounting.

• Fair value accounting involves measuring and reporting assets and liabilities at their current market value.

• Impairment accounting involves recognizing a loss in the value of an asset that has decreased in value.

• Lease accounting involves recognizing lease payments as either operating or finance leases.

• IFRS ...read more