Question
What was the percentage of the reservation increase
struck down by the Patna High Court for Backward Classes, Extremely Backward Classes, Scheduled Castes, and Scheduled Tribes in Bihar?Solution
The Patna High Court struck down the amendment passed by the Bihar legislature to increase the reservation from 50% to 65%.
Which of the following conditions must be satisfied for a Regulated Entity (RE) to rely on third-party customer due diligence (CDD) under RBI’s KYC/AM...
From the following data, compute funds from operations: Net profit ₹8 lakh, Depreciation ₹2 lakh, Loss on sale of asset ₹50,000, Profit on sale of...
What is the key objective of standard costing?
Under which section of the Income Tax Act, 1961, is the term "person" defined?
As per RBI’s KYC/AML guidelines on wire transfers, the term “Beneficiary” refers to:
NPV assumes reinvestment of the cash flows at:
Under RBI’s scale-based regulatory framework for NBFCs, an NBFC–Peer-to-Peer Lending platform (NBFC-P2P) will always fall under which regulatory lay...
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
If an MSME moves to a higher category due to reclassification, for how many years can it continue to avail benefits of the previous category (non-tax be...
Which among the following is a Progressive Tax?