Question
How is the funding for the AMRUT Scheme divided between
the Central and State Governments for cities with a population greater than 1 million?Solution
For cities with a population greater than 1 million, the funding is shared between the Central and State Governments in a ratio of 60:40 under the AMRUT Scheme.
Parent Ltd. acquires 80% shares of Subsidiary Ltd. for ₹8,00,000 when Subsidiary’s net assets = ₹9,00,000. Calculate Minority Interest at acquisit...
An insured house valued at ₹40 lakh is insured for ₹20 lakh. A fire causes ₹10 lakh damage. What will be the claim amount under the average clause?
With respect to standard costing, which of the following statement is incorrect?
Under the Expected Credit Loss (ECL) model, how are trade receivables without a significant financing component measured for impairment?
Office equipment is a______________asset for a computer manufacturer and the same office equipment is a _____ ____asset for a company that deals in th...
When will a person, who opted Composition Levy, have to pay tax in GST?
In relation to the computation of total income, which of the following statements is INCORRECT?
What is the primary purpose of the "Canon of financial propriety"?
The primary benefit of an ERP system's integrated database is that it:
Government increases spending on infrastructure and public sector employment. How does this affect GDP and inflation in the short run according to Keyne...
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