Question
On 1 April 2024, a company enters into a 3-year lease
for machinery with annual lease payments of ₹5,00,000, payable at the end of each year. The incremental borrowing rate is 8% p.a. Calculate the present value of lease liability at inception.Solution
• PV factor (8%, 3 years) = 2.5771. • PV lease liability = ₹5,00,000 × 2.5771 ≈ ₹12,88,550 (rounded to ₹12.3L).
Who among the following decides the disputes arising in the election of the President of India?
The Bhima River is a tributary of which of the following rivers?
Which of the following dance forms traces its lineage to the ancient dance of Sadir Attam?
Match List-1 and List -2 and select the correct answer by using the code given below the list.
Identify the place where the West Central Railway Zone headquarters is located.Â
The Majuli masks, recently awarded a GI tag, belong to which Indian state?
In which state is the archaeological site of Surkotada situated?
Government and LIC have shares of 94.72% in which of the following banks with LIC holding, 49.24 %?
The transfer of minerals from top soil to subsoil through soil water is called______
In 1717, which Mughal emperor issued an inspection to the East India Company?
