Question
To strengthen India’s fight against the disease,
PM CARES Fund had been constituted. What does R stands for?Solution
Keeping in mind the need for having a dedicated fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected, a public charitable trust under the name of ‘Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’ has been set up. PM CARES Fund has been registered as a Public Charitable Trust. The trust deed of PM CARES Fund has been registered under the Registration Act, 1908 at New Delhi on 27th March, 2020. Objectives: • To undertake and support relief or assistance of any kind relating to a public health emergency or any other kind of emergency, calamity or distress, either man-made or natural, including the creation or upgradation of healthcare or pharmaceutical facilities, other necessary infrastructure, funding relevant research or any other type of support. • To render financial assistance, provide grants of payments of money or take such other steps as may be deemed necessary by the Board of Trustees to the affected population. • To undertake any other activity, which is not inconsistent with the above Objects
Fair value gain on equity instruments at FVOCI (no recycling) creates a temporary difference. How is deferred tax treated?
A person can hold directorship in ______ companies simultaneously.
Economic life of an enterprise is split into the periodic interval as per which concept?
In India, the primary legal framework for Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) is provided by _________.Â
A company has ₹10 lakh in equity and ₹10 lakh in 10% debt. EBIT is ₹4 lakh and tax rate is 30%. What is the financial leverage?
IRR is the rate at which:
A person invests ₹50,000 at 12% p.a. compounded annually. Find the compound value after 3 years.
Valuing inventory at cost or net realizable value is based on which principle?
Who has been appointed the first Indian Managing Director of Nippon Koei India (NKI)?
In insurance accounting, what does the "claims reserve" represent?