Question
What was the key announcement made by Finance Minister
Nirmala Sitharaman regarding affordable housing?Solution
Providing a boost to affordable housing, Union Finance Minister Nirmala Sitharaman announced that the government would launch a scheme to help “deserving sections of the middle class living in rented houses or slums or chawls and unauthorised colonies” buy or build houses. Two crore more houses would be built under the flagship Pradhan Mantri Awas Yojana (PMAY)-Rural. The PMAY has two components — PMAY (Urban) for the urban poor under the Ministry of Housing and Urban Affairs, and PMAY (Rural) for rural India under the Ministry of Rural Development. The allocation for the Housing and Urban Affairs Ministry for 2024-25 is ₹77,523 crore, up from ₹76,431 crore in 2023-24. The total allocation for PMAY is ₹80,671 crore, of which ₹54,500 crore is for PMAY (Rural).
Section _____ of the Companies Act, 2013, provides the matters to be stated in a prospectus.
Which of the following statement is correct?
With respect to working capital operating cycle, which of the following statement is incorrect?
Who is the designated authority to receive information under the reporting requirements of the PML (Maintenance of Records) Rules, 2005?
What is the minimum provision percentage on Doubtful Assets classified under IRAC norms (Doubtful for more than 1 year)?
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
For which of the following, Specific Act is applicable for preparation and presentation of financial statement?
When the financial statements "give a true and fair view" and the organization under audit has gone in accordance with all requirements, the auditor wil...
Which of the following is NOT a capital budgeting decision?
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
