Question
Fill in the blanks: Though their design was
___________ in the 1950s for newer technological developments, Stanford scientists are ___________ it today as a way to bring refrigeration to areas without electricity.Solution
"Abandoned" means left unused or given up, which makes sense as the design was discarded in the past."Revisiting" means looking at something again, which fits the context of scientists reconsidering the old design for modern use.Neglected, discarding – If something is being discarded today, it wouldn't be used for refrigeration.Outdated, rejecting – "Rejecting" does not fit because the scientists are actually reconsidering the design.Dismissed, overlooking – "Overlooking" means ignoring, which contradicts the idea of reusing the design.Option 1, completes the sentence in all the aspects making it the correct answer.
As per the Companies Act, 2013, which of the following companies must appoint a full-time Company Secretary?
State which statement is incorrect:
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
...
Under the Written Down Value (WDV) method of depreciation, the WDV of an asset is always:
Section ______ of the Income Tax Act, 1961, defines the term ‘Assessment Year’.
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are 8,00,000 and the return on investment is 14%
In the context of international financial regulation, the Financial Action Task Force (FATF) is primarily responsible for:
ABC Ltd. reports a net profit after tax of ₹6,00,000 for FY 2024–25. Depreciation expense is ₹1,20,000. Accounts receivable increased by ₹80,000...
Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
A deferred revenue expenditure is one which:
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