Question
What was a key outcome of the India-Mozambique-Tanzania
Trilateral Exercise (IMT TRILAT 24)?Solution
The India-Mozambique-Tanzania Trilateral Exercise underscored the importance of strengthened maritime cooperation and interoperability among the participating nations, enhancing regional security and operational readiness in the maritime domain.
Noting charges are recoverable from:
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...
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
Noting charges are ultimately borne by the:
Which accounting standard governs the treatment of inventories in India?
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
CSR stands for
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
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