Question
What is the new premium amount for Pradhan Mantri Jeevan
Jyoti Bima Yojana (PMJJBY)?Solution
The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit. Aadhar would be the primary KYC for the bank account. The life cover of Rs. 2 lakhs shall be for the one year period stretching from 1st June to 31st May and will be renewable. Risk coverage under this scheme is for Rs. 2 Lakh in case of death of the insured, due to any reason. The premium is Rs. 436 per annum which is to be auto-debited in one installment f rom the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme.
CSR is a _________.
In relation to Amalgamation, which of the following statements is INCORRECT?
The costs which were incurred in the past and ignored under capital budgeting are known as_____.
Holding Ltd. owns 80% shares of Subsidiary Ltd. As on the date of consolidation, the subsidiary has reserves of ₹5 lakh, including ₹2 lakh earned be...
Which of the following is an example of a change in accounting policy that must be disclosed under AS 1?
Under which type of Letter of Credit (LC) is advance payment allowed to the beneficiary before shipment?
GST is a consumption of goods and service tax based on
The life of the business is split into smaller intervals as per which of the following accounting concepts?
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
Relevant for Exams:
