Question
On which date does the nation celebrate National
Panchayati Raj Day, commemorating the institutionalization of Panchayati Raj?Solution
The Nation celebrates 24th April of every year as National Panchayati Raj Day. 24th April marks a defining moment in the history of decentralization of power to the grassroots, with the institutionalization of Panchayati Raj, through the Constitution (73rd Amendment) Act, 1992 which came into force with effect from that day. Ministry of Panchayati Raj commemorates 24th April of every year as the National Panchayati Raj Day.
The method of inventory valuation that assumes that the most recently purchased items are the first to be sold is called:
In a 'Consortium Financing' arrangement, the risk of borrower default is:
As per Schedule III of the Companies Act, 2013, long term provisions are shown –
Salaries of ₹1 lakh paid in April 2024 relate to March 2024. As per matching concept, when should this expense be recorded?
Under Priority sector lending, the sub-target for domestic scheduled commercial banks, to lend to micro enterprises is ______
A charge in or upon any movable property, existing or future, created by a borrower in favor of a secured creditor without delivery of possession of the...
What is relevant for determination of whether the supply is Intra-state or inter-state in GST?
A firm sells Product A (₹50/unit, VC ₹30/unit) and Product B (₹100/unit, VC ₹60/unit) in ratio 2:3. Fixed costs = ₹4 lakh. Calculate BEP sales...
Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What i...
What type of reinsurance contract allows an insurer to cede a fixed percentage of all policies to a reinsurer in return for proportionate claims and pre...
