Question
Given below are two statements, one is labelled as
Assertion A and other is labelled as Reason R Assertion A: The temperature increases with increasing height in the stratosphere. Reason R: Ozone absorbs ultra violet radiation in the stratosphere and makes it warm. In light of the above statements, choose the correct answer from the options given belowSolution
Both A and R are true and R is the correct explanation of A Ozone layer is found in the stratosphere at the height of 20 km and is responsible for trapping the heat energy.Â
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the: