Question
Which country holds the position of India's largest
trading partner in the ASEAN region, with a trade value of USD 38 billion recorded in the previous year?Solution
Indonesia holds the distinction of being India's largest trading partner within the ASEAN (Association of Southeast Asian Nations) region. The trade volume between India and Indonesia amounted to USD 38 billion in the preceding year, underscoring the significance of the economic relationship between the two countries.
Accruals are recorded in the books of accounts through:
The term ‘Previous year’ is defined under which section of Income Tax Act?
In a processing unit, 1,000 units are introduced in Process A. 100 units are normal loss, and 50 units are abnormal loss. Cost incurred is ₹10,000. Wh...
Calculate Economic order quantity from the following data.
Annual consumption = 10,000 units
Carrying cost = 8%
Cost per unit = Rs....
The government is considering the increase in FDI limit and easing FDI regulations in insurance. What is the current FDI limit in insurance sector in I...
Given: Total Assets ₹250 lakh; Equity ₹100 lakh; Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Deb...
A budget that is continuously updated by adding a new accounting period when one is completed is called a:
Capital expenditure results in:
Which scheme under the Ministry of MSME focuses specifically on supporting artisans and entrepreneurs in the coir sector?
Which section deals with TDS on cash withdrawals?