Question
Index of Industrial Production (IIP) is an indicator
that measures the changes in the volume of production of industrial products during a given period. which of the following are not amongst sectors under IIP I) Mining II) Gas and Water connection III) Manufacturing IV) ElectricitySolution
IIP is an indicator that measures the changes in the volume of production of industrial products during a given period. It is compiled and published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation. The eight core sector industries represent about 40% of the weight of items that are included in the IIP. The eight core industries in decreasing order of their weightage: Refinery Products > Electricity> Steel > Coal> Crude Oil> Natural Gas> Cement> Fertilizers. It covers 407 item groups included into 3 categories viz. Manufacturing, Mining and Electricity.
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000
Long-term debt of Rs.1,000,000 at 10% ...
This kind of audit is conducted generally between two annual audits is known as which among the following?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
Which of the following documents is NOT accepted as valid proof for opening a current account by a sole proprietor?
What is the effect on debt-equity ratio when a company issues bonus shares?
The Debt Service Coverage Ratio (DSCR) is a key metric used by lenders to assess a company's ability to service its debt. It is calculated as:
As per AS 10 (Revised) ‘Property, Plant and Equipment’, an enterprise holding investment properties should value Investment property:
Calculate Economic order quantity from the following data.
Annual consumption = 10,000 units
Carrying cost = 8%
Cost per unit = Rs....
X Ltd. provides you the following information to calculate P/V ratio.
Fixed cost = Rs. 40,000, Break-even point = Rs. 1,00,000
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.