Question
A firm prepares a flexible budget formula based on
activity: Sales = ₹20/unit, variable cost = ₹12/unit, fixed cost = ₹1,20,000. If actual production falls to 25,000 units from the planned 30,000, compute the flexible budget profit at 25,000 units.Solution
• Sales revenue = 25,000×20 = ₹5,00,000; Var cost = 25,000×12 = ₹3,00,000; Fixed = ₹1,20,000. • Profit = 5L – 3L – 1.2L = ₹80,000.
The Indian government has raised the windfall tax on petroleum crude to _______ per metric ton from zero.
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD ______ per financial year.
Which committee is associated with the restructuring of the banking sector in India?
Who among the following National leader was not a PNB's founder?
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
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Which committee recommended the introduction of the concept of "Priority Sector Lending" in India?
SBI cards Pvt Ltd joined hands with ______ for Card Tokenization to Protect Cardholders’ Data.
Which of the following bank with Lendingkart to Offer Loans Online for MSMEs ?
__________ include fees received for credit-related or lending related services like credit processing fees, late payment or default charges and early r...
