Question
The 'Accounting Period Concept' states that the life of
a business is divided into:Solution
The Accounting Period Concept (or Periodicity Concept) assumes that the indefinite life of a business is divided into shorter, regular, and artificial periods (like quarters or years) to allow for the timely preparation and reporting of financial statements.
In which of the following year the State Bank of India has launched a unified integrated app called YONO (You Need Only One)?
Consider the following statements about Conference of the Parties (COP28) :
1.   COP28 on climate conference was recently held in Dubai .
...Which monetary policy tool involves central bank buying and selling government securities to regulate the money supply?
Goods and Services Tax in India is modeled after which of the following country?
Consider the following statement about Urban Co-operative Banks (UCBs):
1. It refers to primary cooperative banks located in urban areas only.
The five-year plans in India laid down not only specific objectives to be attained in the five years of a plan, but also what was to be achieved over a ...
What is the primary focus of the Priority Sector Lending (PSL) guidelines in India?
FEMA's head office is known as the _________ and is situated in Delhi.
Which organization is primarily responsible for ensuring financial inclusion in India?
Securities and Exchange Board of India (SEBI) was given statutory powers on which of the following year?