Question

A firm uses straight line for depreciation. It revises useful life from 10 to 5 years at midpoint (after 5 years) with no salvage. Effect on annual depreciation going forward? (Initial cost ₹1,00,000.)

A Remains same
B Decreases
C Increases
D Becomes zero
E Not determinable
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)