Question
What is the meaning of the word "Chrysanthemum," as
derived from its etymology?Solution
The word "Chrysanthemum" is derived from the Greek words "chrysos" meaning 'golden' and "anthos" meaning 'flower.'
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities o...
A person invests ₹50,000 at 12% p.a. compounded annually. Find the compound value after 3 years.
Which of the following best defines a Shell Bank under RBI KYC directions?
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
Average Inventory = ₹12,000. Closing Inventory is ₹3,000 more than Opening Inventory. The value of Closing Inventory is _____.
In the context of auditing standards, which standard is associated with "Agreeing the Terms of Audit Engagements"?
What is the minimum outstanding balance in a non-performing borrowal account that requires reporting as a willful default?
The maximum number of directors in a company, without passing a special resolution, can be ________
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