Question
In the context of SEBI's regulatory enhancements in
2024, what is one of the purposes of the whistleblower mechanism that AMCs are required to implement?Solution
SEBI's directive for Asset Management Companies to implement a whistleblower mechanism aims to increase responsibility and accountability, ensuring that AMCs maintain transparency in their operations.
Under Ind AS 115, a construction company enters into a contract to build a dam over 4 years. Revenue is recognized over time based on cost incurred to d...
Which of the following statements about deferred tax assets (DTA) is true?
What does SAP stand for?
Section 28 to 44 D of the Income Tax Act, 1961 is related with:
Which of the following is true regarding e-invoicing under GST?
A company has fixed costs of ₹10 lakh, variable cost per unit ₹50, and selling price per unit ₹75. If sales units are 60,000. Compute margin of sa...
In the context of international financial regulation, the Financial Action Task Force (FATF) is primarily responsible for:
Which state was declared India’s first fully literate state in 2025?
Bank loans to startups are eligible for classification under Priority Sector Lending up to what limit?
Idle time can be normal or abnormal. Which of the following will be regarded as abnormal idle time?
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