Question
Consider the following statements in regards to the
Economic Survey of India 2022-23: 1.India became the second-largest mobile phone manufacturer globally 2.Foreign Direct Investment flows into the pharma industry in India have increased by nearly four times. 3.India became the 2nd largest automobile market (in Dec 2022), in terms of sales Which of the above given statements is/are correct?Solution
India became the second-largest mobile phone manufacturer globally. Foreign Direct Investment (FDI) flows into the pharma industry in India have increased by nearly four times. India became the 3rd largest automobile market (in Dec 2022), surpassing Japan and Germany in terms of sales.
Noting charges are recoverable from:
A negotiable instrument as per the Negotiable Instruments Act, 1881 includes:
Which accounting standard governs the treatment of inventories in India?
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
The person who draws a bill of exchange is called the:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
The party who is entitled to receive the payment of a bill of exchange is called the:
The person in whose Favor a bill is endorsed is called:
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
