Question
In the Budget 2021-22, finance ministry allotted 16.5
lakh crore for agriculture. What is amount allotted in agriculture in the Budget 2020-21?Solution
The Department of Agriculture, Cooperation and Farmers' Welfare has been allocated Rs 1,34,400 crore in 2020-21, a 32% increase over the revised estimate of 2019-20. More than 78% of the Ministry’s budget is proposed to be spent on three schemes under this Department: PM-KISAN (53%), Interest Subsidy Scheme (15%), and Pradhan Mantri Fasal Bima Yojana (11%).
If a project has annual cash accruals of ₹18 crore and its annual term loan obligation, including principal and excluding interest is ₹10 crore. The...
A company has the following details for the year:
• Net Income = ₹12,00,000
• Preferred Dividends = ₹1,00,000
• Outstandi...
The sale of an old vehicle for ₹2,00,000 (book value ₹2,50,000) will be reported in the cash flow statement as:
All its JV IT Ltd has total current assets worth ₹9,00,000, of which inventory is ₹2,00,000. Current liabilities stand at ₹5,60,000. What will be ...
A firm has Cost of Goods Sold = ₹36,00,000 and Closing Inventory = ₹6,00,000. What is the Inventory Turnover Ratio, if opening and closing stock are...
Use Direct method to calculate the net cash from operations of the company given the following transactions?Â
Sales in the year: ₹6,50,000Â
Calculate the EBIT of the company given the following details:
Sales: ₹20,00,000Â
Cost of Goods Sold: ₹14,00,000Â
Operating E...
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
The excess of the carrying amount of an asset over its recoverable amount is known as ________ and is recognised as ________.
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?Â
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