Question
The National Pension System is a defined-contribution
pension system in India regulated by Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. NPS was made open to everyone in ____________.Solution
The National Pension System is a defined-contribution pension system in India regulated by Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. Launched in 2004 for government employees. However, in 2009, it was opened to all sections.
As per Schedule III, Share Application Money pending allotment is shown under:
XYZ Ltd. changed the format of its Statement of Profit and Loss from ‘nature of expense’ method to ‘function of expense’ method in accordance wi...
The Division III, inserted in Schedule III of the Companies Act, 2013, prescribes the format for preparation of financial statements of which of the fo...
In preparing financial statements as per Schedule III of the Companies Act, ABC Ltd. classifies ‘Share Application Money Pending Allotment’ under cu...
Which of the following items is included in operating profit?
XYZ Ltd. classifies bank overdraft under 'Cash and Cash Equivalents' in the balance sheet. The overdraft is repayable on demand and regularly fluctuates...
As per Ind AS 16, subsequent expenditure on property, plant and equipment is capitalized when it:
Which of the following best describes capital work-in-progress (CWIP)?
ABC Ltd. follows Ind AS and presents its balance sheet as per Schedule III of the Companies Act. The company receives ₹5 crore from the issue of deben...
Capital Reserve can be utilized for:
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