Question
Which of the following sections of the MSMED Act, 2006
is associated with the establishment of a 'Micro and Small Enterprises Facilitation Council'?Solution
Section 15 of the MSMED Act, 2006 establishes the Micro and Small Enterprises Facilitation Council. This council is responsible for facilitating the settlement of disputes between buyers and MSMEs related to payments for goods and services.
The term 'Days of Grace' in relation to a bill of exchange refers to:
Which accounting standard governs the treatment of inventories in India?
Which of the following is an example of transaction in money under GST laws
The person in whose Favor a bill is endorsed is called:
CSR stands for
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
A negotiable instrument as per the Negotiable Instruments Act, 1881 includes:
Noting charges are ultimately borne by the:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
Mr. X draws a bill on Mr. Y for ₹1,00,000 payable after 3 months. Mr. Y accepts the bill but fails to honour it on maturity. What is this act called i...
