Question
A listed company has an average net profit of Rs. 12
crore in the last 3 years. As per Section 135 of the Companies Act, 2013, which of the following statements is correct regarding CSR obligation?Solution
CSR applies if net worth ≥ 500 cr, turnover ≥ 1,000 cr, or net profit ≥ 5 cr. Here, profit exceeds 5 cr, so 2% of average net profit (24 lakh) must be spent.
UPI stands for ________.
Short-term capital gains arising from the transfer of equity shares in a company or units of an equity-oriented fund or units of a business trust charg...
From the below mentioned, IND AS 16 can be applied to which of the following?
State which statement is correct:
Who among the following can issue Certificate of Deposits to raise short term resources?
A company uses Raw material A to manufacture finished goods, price of the raw material A is on the decline. The finished goods in which the raw materia...
The Article of a company may be altered by _____________
The difference between the spot price and the future price of a future is called as _____?
CERSAI was established to prevent fraudulent lending transactions against equitable mortgages. What does the ‘S’ in CERSAI stand for?
_______ are denominated in GBP (Great Britain Pound) and issued in London. Issue proceeds can be used to fund UK operation.