Question
The 73rd Amendment gave rise to Local Government Bodies.
It was done in which year?Solution
The 73rd Amendment 1993 added a new Part IX to the Constitution titled “The Panchayats”.
ABC Ltd. records a lease as an asset and a corresponding liability in its books under Ind AS 116. The company uses this asset in operations and deprecia...
A company has â‚ą10 lakh in equity and â‚ą10 lakh in 10% debt. EBIT is â‚ą4 lakh and tax rate is 30%. What is the financial leverage?
An audit which is authorized, governed and made compulsory under law is known as:
A general insurance company reports the following:
• Premium earned: ₹100 crore
• Claims paid: ₹70 crore
• Claims outstan...
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has been set up by the Government of India, with which of the following?
As per the Master Circular on Management of Advances – UCBs, for borrowers (other than MSEs) requiring fund-based working capital up to ₹1 crore and...
Which of the following is NOT a capital budgeting decision?
How is working capital provided by banks calculated under the Turnover Method?
Which ICDS deals with Accounting Policies?
Under Walter’s model, if a firm’s return on investment (r) > cost of equity (ke), what should the firm do?
