Question
Which Income Computation and Disclosure Standard (ICDS)
deals with "The Effects of Changes in Foreign Exchange Rates"?Solution
ICDS VI: The Effects of Changes in Foreign Exchange Rates is the Income Computation and Disclosure Standard that deals with how to account for and disclose the effects of changes in foreign exchange rates on transactions and foreign currency monetary items. It provides guidelines for recognizing exchange differences in financial statements, including when and how to recognize gains or losses arising from foreign exchange rate fluctuations.
What is the new category created by the Reserve Bank of India (RBI) for commercial banks as part of the revised investment norms?
Consider the following statements aboutHatti community:Â
1.   Recently Hatti community organise a protest march to press their demand for th...
The first carbon neutral farm in the country is in which state?
Which institution won the Subhash Chandra Bose AapdaPrabandhanPuraskar 2025 in the Institutional Category?
Which company has recently received DoT approval to operate satellite internet in India, becoming the third such company?
Tiger Woods was formally inducted into the World Golf Hall of Fame. Woods has captured 15 major titles, second only to the career-record 18 of Jack Nick...
Which feature of DHRUVA allows citizens to manage and share address data securely?
59-minute loan approval scheme for micro, small and medium enterprises (MSMEs) Is of____?
The Economic Survey 2023 projects a baseline GDP growth of ________ in real terms in FY24.
Who was appointed as the official ambassador of the English Premier League (EPL) in India in 2025?
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