Question
Which of the following states have the Maximum
cooperative societies?Solution
Maharashtra has the highest number of such cooperative societies at 567, followed by Uttar Pradesh (147) and New Delhi (133). Although Cooperatives is a state subject, there are many societies such as those for sugar and milk, banks, milk unions etc whose members and areas of operation are spread across more than one state.
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
A company produces 1,000 units. Standard material consumption per unit is 4 kg @ â‚ą25/kg. Actual consumption is 4,500 kg @ â‚ą24/kg. Calculate the Mate...
Modigliani-Miller (MM) Approach is based on some assumptions. Which of the following is not an assumption of MM Approach?
Under the RBI’s KYC guidelines, “beneficial owner” for a company is identified as_________.
Under the GST Laws, in the case of refund on account of inverted duty structure, refund of input tax credit shall be granted as per which of the followi...
With respect to time value of money, which of the following statement is incorrect?
GK Ltd. forfeited 500 shares of Rs. 10 each, fully called up, and held by Mr. Rakesh for non-payment of allotment money of Rs. 4 per share and first and...
If an entity revalues its land upward and this is the first time revaluation is being done, how is the increase treated under Ind AS 16?
Which of the following statements is FALSE with regard to working capital management?
What does CBLO stand for?
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