Question
Which is not the essential characteristic of Bill of
exchange:Solution
A bill of exchange contains an order to pay, not a promise. A promissory note contains an express promise to pay. Hence, option (b) is not an essential characteristic of a bill of exchange.
Which of the following is NOT a financial measure of divisional performance?
What is specifically required for conducting V-CIP (Video-Based Customer Identification Process) under RBI’s KYC framework?
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
With respect to hire purchase and installment sale transactions, which of the following statement is incorrect?
After providing for ___________, Declaration of Dividends for the current year is made.
An expansionary (inflationary) gap occurs when:
An interface that allows user to store data in a two-tier architecture is known as _______.
AS 20 is related to:
Which of the following statements are true about input tax credit?
Statement 1: Input tax credit of SGST can be utilised for payment of SGST firs...
A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for t...
