Question
In which of the following years, India took its first
major step towards liberalisation?Solution
The macroeconomic imbalances of the late 1980s and early 1990s pushed the government towards introducing the structural reforms of 1991. The high combined deficit of the central and state governments, elevated inflationary pressures, and large and unsustainable current account deficit (CAD) led to a balance of payments crisis in the Indian economy. In response to the situation, trade and investments were liberalised in 1991.
Product X requires 10 Kg of material at the rate of Rs. 5 per Kg. The actual consumption of material for the manufacturing of product X came to 12 Kg of...
Which one of the following is a correct equation?
Which of the following is not included in a Credit Monitoring Arrangement (CMA) report?
If a company operating in a different country works the manner exactly like the parent company, such orientation is called:
OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
Receivables Velocity/average collection period of the company?
Which person can be appointed as an agent?
With respect to working capital operating cycle, which of the following statement is incorrect?
Which of the following statements about credit risk is incorrect?
A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contra...
