Question
What issue did Vice-President Shri Jagdeep Dhankhar
recently (April 29 2024) underline the need for reforming?Solution
Vice-President Shri Jagdeep Dhankhar emphasized the need for reforming the Indian Arbitration system. He echoed the concerns raised by Chief Justice Shri Chandrachud, who described the current state of arbitration in the country as an "Old Boys’ Club" due to excessive control over it by former judges. The Vice-President highlighted the importance of institutional reforms to address such challenges.
The government securities market in India is regulated by _______
A company invests ₹60,000 in a project that generates ₹15,000 as net annual cash inflow. What is the payback period of the project?
Plant purchased for ₹6,00,000. Depreciation for year = ₹1,00,000. Closing balance of Plant = ₹10,00,000. Opening balance was ₹5,00,000. Calculat...
A company purchased machinery for ₹50,00,000 on 1st April 2020. Installation cost was ₹5,00,000. Residual value ₹3,00,000, useful life 5 years. On...
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
The audit that is made compulsory under statute is called _________.
Net Working Capital (NWC) is defined as:
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borro...