Question
A firm wants to classify its expenses by nature
(salaries, depreciation, rent, etc.) in its Income Statement. According to Schedule III of Companies Act, which presentation format is it adopting?Solution
Classifying expenses by type (nature) rather than function (e.g., admin, selling) is known as natural classification and is permitted under Schedule III for companies.
Rapido, after its recent funding round, became the ____ Indian startup to achieve unicorn status this year.
What is the minimum age at which an individual can start contributing to the Atal Pension Yojana?
World Economic Forum (WEF) launched Global Cybersecurity Centre at:
The Himalayan Gazetteer by E.T. Atkinson was first published in which year?
What was one of the key features of the Polaris Dawn mission?
What was the old name of State Bank of India which got nationalized in the year 1955?
स्वदेशी आंदोलन शुरू किया गया था ?
World Rabies Day is observed every year on ____________
The Consumer mobile business of Tata Teleservices will be taken over by:
The Basic Savings Bank Deposit Account(BSBDA) is a normal banking service available to all. Which of the following is NOT required for a BSBDA account?
