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AS 6 defines depreciation as a measure of the wearing out, consumption or other loss of value of a depreciable asset arising from use, passage of time or obsolescence through technology and market changes. Depreciation is allocated so as to charge a fair proportion of the depreciable amount in each accounting period during the expected useful life of the asset. Depreciation includes amortisation of assets whose useful life is predetermined. The depreciable amount of a depreciable asset should be allocated on a systematic basis to each accounting period during the useful life of the asset.
India has announced financial assistance of USD ____________ loans to Sri Lanka to help the country in building up its depleted foreign reserves and for...
COP 28 refers to the United Nations Climate Change Conference taking place in ________ from 30 November until 12 December 2023.
Sovereign Gold Bonds are the government securities denominated in grams of gold and they are issued by the RBI on behalf of the government.The tenor of ...
By lowering the central bank’s margin requirements, borrowers’ borrowing capacity increases:
The International Solar Alliance (ISA) is an alliance of ________countries initiated by India.
Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, ra...
Who among the following can join the National Pension System (NPS)?
RBI recently cancelled the license of Sarjeraodada Naik Shirala Sahakari Bank. It is based in ____________.
Consider the following about 'Prior Learning Scheme’:
I. It is a skill certification programme implemented by National Skill Development Corpor...
Which of the following give finance to young, start-up companies?