Question
Which of the following statements is true about the
Credit Proposal Tracking System (CPTS) for MSME loan applications?Solution
The CPTS generates a unique serial number for each MSME loan application, enabling centralized tracking and acknowledgment of applications.
As per the Companies Act, 2013, which of the following companies must appoint a full-time Company Secretary?
State which statement is incorrect:
Following information has been provided by a contractor for the year ending 31-3-2020.
(a) Total expenditure till 31-3-2020 is Rs. 5,000.
...
Under the Written Down Value (WDV) method of depreciation, the WDV of an asset is always:
Section ______ of the Income Tax Act, 1961, defines the term ‘Assessment Year’.
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are 8,00,000 and the return on investment is 14%
In the context of international financial regulation, the Financial Action Task Force (FATF) is primarily responsible for:
ABC Ltd. reports a net profit after tax of ₹6,00,000 for FY 2024–25. Depreciation expense is ₹1,20,000. Accounts receivable increased by ₹80,000...
Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
A deferred revenue expenditure is one which:
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