Question
Which of the following is not considered as a Current
Liability?Solution
Contingent liabilities are potential obligations that may arise depending on the outcome of future events. They are not actual liabilities until a certain event occurs, and their recognition depends on the probability of the event happening. Contingent liabilities are disclosed in the financial statements but are not recognized as current liabilities.
Which organization is responsible for the development of the Sewage Treatment Plant (STP) and related infrastructure in Meerut, under the Hybrid Annuity...
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth_____ at a 7.50% rate of inte...
Jal Jeevan Mission, is envisioned to provide safe and adequate drinking water through individual household tap connections by which of the following yea...
What was the magnitude of the earthquake that struck the Tibetan region of China and parts of Nepal?
Which Indian player won the gold medal in the Under-20 Asian Athletics Championships?
The Reserve Bank of India has increased the threshold limit for Banks to maintain Liquidity Coverage Ratio (LCR) on deposits and other extension of fund...
What is the purpose of the MoU between Coal India Limited (CIL) and the National Skill Development Corporation (NSDC)?
What is the theme of the National Conference of Estimates Committees held in June 2025?
Recently which two companies signed an agreement to collaborate on Electronic Vehicles?
Recently Asian Development Bank (ADB) slashed its growth forecast for India to ___ for FY23 from the earliest projected 7.5%.
Relevant for Exams:
Hey, Don't leave. If you have any queries regarding any exam let us know here.
