Question
Which accounting standard governs the treatment of
inventories in India?Solution
Ind AS 2 - Inventories is an accounting standard in India that prescribes the treatment of inventories in financial statements. It aligns with the International Financial Reporting Standards (IFRS) and provides guidelines on how to measure, present, and disclose information about inventories in a consistent and comparable manner.
The 17th edition of the FICCI Annapoorna Interfood Exhibition was held in which city?Â
What is the primary aim of India’s Deep Ocean Mission launching its first human submersible in 2025?
India’s first indigenous hydrogen fuel cell vessel is being launched from which location?Â
Who launched the book "Sanskriti Ka Panchva Adhyay" in New Delhi?
What is the focus of the newly inaugurated Indian Institute of Creative Technology (IICT) in Mumbai?Â
The Expert Committee on Invasive Alien Species has been constituted by:Â
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India’s forex reserves recently dropped by how much in a single week?Â
Where will India’s first Red List of Endangered Species be unveiled?Â
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