Question
A company buys a machine from the US at $50,000 when $1
= ₹70. On balance sheet date, $1 = ₹75. How is this change treated?Solution
Monetary items (like creditors) are restated at closing rate and exchange difference is charged to P&L.
Which of the following statements with regard to the Neolithic culture found in Kashmir is/are correct?
1. It is known for pit dwellings and grav...
King Ajatashatru belonged to which dynasty?
Which of the following is not correct with reference to Virashaivism?
During the Delhi Sultanate, which region gained fame for juristic learning?
Consider the following statements in the context of Khayal or Khyal music:
1. The musical compositions of khyal are called qawwalis.
2. Po...
Which place of Indus civilization is located in India?
Which colour was commonly used on pottery in Harappa?
The Quit India Movement was started after the failure of:
Which metal has not yet been found in Harappan sites?
Which historical monument in Agra is also a UNESCO World Heritage Site?
