Question
Recently University Grants Commission approved foreign
universities to set up their campuses in India, the initial approval will be for ____ years.Solution
According to the information provided by the University Grants Commission, foreign universities will be able to set up their campuses in India for the first time under which these varsities can also decide on the admission process, fee structure and repatriate its funds back home. Foreign universities with campuses in the country can only offer full-time programmes in offline mode and not online or distance learning.The initial approval will be for 10 years and will be renewed in the ninth year subject to the meeting of certain conditions. The regulatory framework allowing the entry of higher-ranked foreign universities will provide an international dimension to higher education, enable Indian students to obtain foreign qualifications at affordable cost, and make India an attractive global study destination. Learn Along: University Grants Commission          Headquarters: New Delhi             Chairman: Jagadesh Kumar
A trader has current assets of ₹6,00,000, including ₹80,000 cash, ₹1,20,000 accounts receivable, ₹3,00,000 inventory, and ₹1,00,000 marketable...
Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
What does ERP stand for?
Which of the following is an example of how departmentalisation allows for suitable costing methods?
Modigliani-Miller (MM) Approach is based on some assumptions. Which of the following is not an assumption of MM Approach?
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
Which of the following is NOT a component of an accounting system?
Which of the following is considered as ‘fraud’ under the Indian Contract Act, 1872?