Question
What are the various conditions on the basis of which a
retiring auditor may be re-appointed at an annual general meeting as per the Companies Act?Solution
Section 139.Appointment of auditors: (9) Subject to the provisions of sub-section (1) and the rules made thereunder, a retiring auditor may be re-appointed at an annual general meeting, if— (a) he is not disqualified for re-appointment; (b) he has not given the company a notice in writing of his unwillingness to be re-appointed; and (c) a special resolution has not been passed at that meeting appointing some other auditor or providing expressly that he shall not be re-appointed.
Which of the following does not falls in the category of revenue expenditure?
In November 2021, ________________ collaborated with Atal Innovation Mission (AIM) to drive synergis between AIM’s Atal Tinkering Labs (ATL) and E...
Identify the correct Statement about Monetary policy Committee?
I- It is a Statutory Body.
II- It is mandated to meet at least 6 times a y...
When was the first phase of the India Post Payment bank inaugurated?
Which of the following are the benefits of the Pradhan Mantri Jan Arogya Yojana (PMJAY)?
1. Free treatment available at all public and empanelled...
The Income calculated by taking revenues and subtracting the costs of doing business such as depreciation, interest, taxes and other expenses is known as:
In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?Â
1. To enable the ...
UPI, or Unified Payments Interface, is a digital payments system that allows users to transfer money between bank accounts instantly.Launched in India i...
Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct?
1. It is a minimum guaranteed pension scheme mainly target...
The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in banking world, stands for?