Question
There is no provision under Startup India initiative for
sanctioning of funds to startups directly. However, Government of India has established a Fund of Funds for Startups (FFS) with corpus of_________, to meet the funding needs of startups.Solution
Explanation: There is no provision under Startup India initiative for sanctioning of funds to startups directly. However, Government of India has established a Fund of Funds for Startups (FFS) with corpus of Rs. 10,000 crores, to meet the funding needs of startups. Department for Promotion of Industry and Internal Trade (DPIIT) is the monitoring agency and Small Industries Development Bank of India (SIDBI) is the operating agency for FFS.
As per the Companies Act, 2013, the audit committee shall have powers:
(i) to investigate any activity within its terms of reference
(ii) ...
While determining the Material Cost, _______ is not deducted from the purchase price.
It is treated as interest and finance charges. It is ignored.
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Which of the following will be the journal entry for Credit Sales under Self-Balancing Entry?
What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
Which of the following statements accurately explains the role of an audit committee in corporate governance?
A company’s book profit as per section 115JB is ₹50 crore. MAT rate is 15% plus 4% cess. Calculate MAT liability.
From the following given information, calculate inventory turnover ratio:
Revenue from operations = Rs.200,000 Average Inventory = Rs.20,000 <...
Which of the following statements about Internet Relay Chat (IRC) is correct?
According to Section 44 of the Indian Partnership Act, 1932, the court, at the suit of a partner, may dissolve a firm on which of the following grounds?...
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