Question
The Department of Personnel and Training (DoPT) recently
notified the Public Examinations (Prevention of Unfair Means) Act, 2024. This Act includes a provision to punish individuals who commit organized crimes related to public examinations with a minimum fine of _________ and imprisonment ranging from 5 to 10 years.Solution
The Act aims to deter organized cheating in public examinations by imposing strict penalties, including a hefty fine of Rs 1 crore and significant jail time.
A company purchases goods worth ₹10 lakh + 18% GST, uses 70% for taxable supplies and 30% for exempt supplies. Calculate eligible ITC.
According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
X Ltd. provides you the following information to calculate P/V ratio.
Fixed cost = Rs. 40,000, Break-even point = Rs. 1,00,000
If ₹10,000 is invested at 10% p.a. compounded annually, what will be the amount after 2 years?
Underwriting commission for issue of shares, shall not exceed:
A firm has a current ratio of 2:1 and quick ratio of 1.2:1. Its inventory is valued at ₹4 lakh. What is the amount of current liabilities?
A person employed to do any act for another or to represent another in dealings with third person is called:
A type of market where debt and stocks are traded and maturity period is more than a year is known as
ESOP grants vest if combined ROE and solvency ratio targets are met over 3 years. In Year 2, targets seem unachievable; in Year 3, they are exceeded and...
A company borrows ₹100 lakh at 10% interest to construct an asset over 2 years. It spends ₹60 lakh in Year 1. What borrowing cost is capitalized in ...