Question
According to the stipulations for reporting fraud, when
is the Statutory Auditor required to forward a report to the Secretary, Ministry of Corporate Affairs, Government of India?Solution
The Statutory Auditor forwards a report to the Secretary, Ministry of Corporate Affairs, Government of India, in the case of reporting fraud involving or expected to involve individually an amount of one crore rupees or more, if no reply or observations are received from the Board/Audit Committee within 45 days.
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Which of the following statements about Prompt Corrective Action is/are True?
I-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Prompt Corrective Action F...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...