Question
Which section of the Companies Act 2013 deals with
Independent Directors?Solution
The provisions relating to the appointment of Independent directors are contained in Section 149 of the Companies Act, 2013 should be read along with Rule 4 and Rule 5 of the Companies (Appointment and Qualification of Directors) Rules, 2014
A company enters into a contract to construct a specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated tot...
For intra-State sales, the GST is divided between the Centre and the State in the ratio?
Which of the following is not regarded as a legal rule for a valid acceptance?
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Under Priority sector lending, the sub-target for domestic scheduled commercial banks, to lend to micro enterprises is ______
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
If the current ratio of a company is exactly 1, what will be its Net Working Capital (NWC)?
