Question
Regarding the U.S. legislation for the Indian Ocean
Region, which statements are accurate? 1. The strategy includes provisions for promoting cooperation among the Quad countries. 2. The Indian Ocean Region Strategic Review Act is proposed by the U.S. Senate. 3. It requires coordination across the State, Defense, and USAID departments.Solution
Statements 1 and 3 are correct. The act includes provisions for cooperation among the Quad countries and requires interdepartmental coordination. Statement 2 is incorrect as the act is introduced by the U.S. House Foreign Affairs Committee, not the Senate.
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
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...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the:
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