Question
As per Union Budget 2023-24, what is the estimated
fiscal deficit as a percentage of GDP?Solution
The fiscal deficit is estimated to be 5.9% of GDP as per Union Budget 2023-24.
According to the Insurance Act, who can receive remuneration or reward for soliciting or procuring insurance business in India?
In Life Insurance, the surplus as per Valuation Balance Sheet is ₹20 crore. 95% is to be allocated to policyholders and 5% to shareholders. If policy ...
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
The insurer leases 15 branch premises (3–5 years) with renewal options it is reasonably certain to exercise. Rent has fixed and variable (sales-linked...
Amount paid for stationery during 2022-23        ₹ 80,000
Creditors for Stationery on March, 31, 2023       ₹ 7,...
An oil company constructs a drilling platform at a cost of ₹200 crore. It estimates a dismantling cost of ₹30 crore at the end of 25 years. The pres...
What is the primary purpose of the "Canon of financial propriety"?
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
The standard time for a task is 4 hours per unit at a wage rate of ₹60 per hour. In a period, 500 units were produced in 1,900 hours, and the actual w...
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