Question
What are super normal profits made by companies due to
an unprecedented event, as indicated in the para above, known as?Solution
Windfall gain (or windfall profit) is an unexpected gain in income from an unforeseen source/event. Windfall gains may take place due to sudden steep rise in prices of a commodity or extreme shortage of a resource, asset or product. For an individual, windfall gain could be a sudden spike in income due to one-time events like inheritance of property, money gained on selling property when its prices increase dramatically, etc. Windfall gain may also refer to gains from winning a lottery, betting income etc. A windfall tax is a one-off tax imposed by a government on a company on such windfall gains, which is over and above the normal rates of tax.
Post discontinuation of LIBOR, the RBI has proposed to revise the all-in-cost ceiling for ECBs to _______
Weighted average Cost of capital for Lavi Ltd. is 12%. Lavi Ltd. has issued equity worth Rs. 45 lakhs, 5% debt worth Rs. 15 lakhs and 6% preference sha...
An examination of a company's financial records to derive evidence which can be used in a court of law or legal proceeding is known as ________
Which of the following methods is not a method of quantitative control by RBI?
Under the Indian Trusts Act, 1882, when does the beneficiary's interest in the trust property vest? Â
Which segment of the debt markets has highest market capitalization?
Find the incorrect option regarding the elasticity of commodities?
What is the main goal of Organizational Behavior (OB)?
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?Â
The cost of an asset on 01-01-2002 is 5,00,000 and its life is 10 years with salvage value is zero. If it is sold on 31-12-2008 for 50,000 than calculat...
