Which of the following Statements about BRICS is/are True?
I- The Chairmanship of the forum is rotated annually among the members.
II- The BRICS seeks to deepen, broaden and intensify cooperation within the grouping and among the individual countries for more sustainable, equitable and mutually beneficial development.
III- It was formed in 2006.
Solution- BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa. The BRICS Leaders’ Summit is convened annually. Together, BRICS accounts for about 40% of the world’s population and about 30% of the GDP (Gross Domestic Product), making it a critical economic engine. It’s an emerging investment market and global power bloc.
Provisions of Section 64(1A) will not be applicable to any income of a minor child suffering from any disability specified under ________. In other word...
Which of the following best describes the double-entry system in accounting?
Which of the following is time spann into which the total life of a business is divided for the purpose of preparing financial statements?
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
Which section of the Income Tax Act defines the term Assessee?
If an accounting information is free from errors, then which qualitative characteristic is reflected?
In the case of a Government company the Comptroller and Auditor-General of India shall, appoint an auditor within a period of _____________ from the com...
In the context of ICDS V, which category of assets does this standard specifically address?
________ is the largest US electronic stock market in terms of shares traded and is the home to leading companies across all industry sectors such as Mi...
In insurance accounting, what is "policyholder surplus"?
