Question
The Article of a company may be altered by
_____________Solution
Explanation: Section 14 Alteration of articles- (1) Subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles including alterations having the effect of conversion of— (a) a private company into a public company; or (b) a public company into a private company.
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
Standard Price (Standard Quantity – Actual Quantity) = ____________.
A company incurred ₹1 lakh as preliminary expenses. How should it treat the amount under current Ind AS?
Which of the following statements is INCORRECT?
According to RULE 18(7)(C) of the Companies (Share Capital and Debentures) Rules, 2014, every company required to create/maintain debenture redemption r...
Calculate the average age of inventory(Assume 360 days in a year):
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
Following is/are the feature of Exchange traded contract:
I.        It is highly customized
II.        It has margi...
A central PSU adopts sovereign guarantee-backed debt for a ₹2,000 crore infrastructure project. What impact will this have on its cost of capital?
In project finance, 'Completion Guarantee' is a undertaking provided by the project sponsors to the lenders to cover:
