Question
In each of the following questions, an idiomatic
expression/a proverb has been underlined – followed by four alternatives. Choose the one which best expresses the meaning of the underlined idiom/proverb. The company's strategy is to cut corners in order to save money.Solution
Explanation: "Cut corners" means to do something quickly and cheaply, often compromising quality.
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? Â
Under The Foreign Exchange Management Act, 1999, which of the following correctly describes the treatment of current account transactions?
For an NBFC-MFI (Microfinance Institution), what is the minimum proportion of its assets that must be in the form of microfinance loans?
A firm budgeted sales of ₹120 lakh but achieved actual sales of ₹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
What is the minimum duration for which a Small Account can remain operational after opening, if the account holder has not furnished any Officially Vali...
Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than ______, except ...
In the context of MSMEs, what does SMAS stand for?
Why proper documentation is essential while conducting executing the mergers and amalgamations?
___________, the greater will be its social prestige.
Viability Gap Funding (VGF) is primarily associated with which type of projects?
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