Question
The audit that is made compulsory under statute is
called _________.Solution
A statutory audit is made compulsory under statute, which means it is required by law. It involves the independent examination of an entity's financial statements and records to ensure compliance with legal requirements and regulations.
- Where is the headquarters of AU Small Finance Bank Limited located? 
- What was the key focus of the India-Middle East-Europe Economic Corridor discussed in recent meetings? 
- SIA-India and ABRASAT's Memorandum of Understanding (MoU) is focused on enhancing cooperation in what sector? 
- A funding of $122 million to the top three Indian medical research institutions has recently been announced by which country? 
- What is the name of the first corporate credit card on the RuPay network launched by IndusInd Bank? 
- What was the magnitude of the decline in food inflation in June 2025 compared to the same month in the previous year? 
- Which festival is associated with child marriages that the Rajasthan High Court aimed to curb through a directive? 
- The SEBI has slapped a penalty of ____ on Gautam Thapar of the Avantha Group, for alleged fund diversion at CG Power and Industrial Solutions. 
- Which country has launched a new communication satellite named “Inmarsat-6 F1”? 
- How many women beneficiaries received the first installment of ₹2,500 under Jharkhand’s Maiya Samman Yojana?