Question
What does CGRA expand
to?Solution
The Currency and Gold Revaluation Account (CGRA) is the unrealized gain/loss in the value of gold and foreign exchange RBI holds based on movements in their value which is not considered in the income account but taken as a balance-sheet item.
If the annual sales of a business are ₹X, what is the Maximum Permissible Bank Finance (MPBF) as per the Turnover Method?
Which of the following is not covered under Financial Services?
Which of the following statements is FALSE with regard to working capital management?
What is the statutory limit u/s 16(ii) for deduction of entertainment allowance in case of government employee?
The rule for recording transactions in a Personal Account is:
X Ltd. is absorbed by Y Ltd. Purchase consideration = ₹10,00,000. Assets taken over = ₹12,00,000, Liabilities = ₹3,00,000. What is the goodwill or...
The form of Annual Financial Statement and Demand for Grants shall be laid down to Parliament by whom?
Under IFRS 13, which level of the fair value hierarchy uses observable inputs other than quoted prices?
Once the Prospectus is filed with the Registrar of Companies, it is valid for how many days?
ICDS IV primarily deals with which aspect of financial reporting
