Question
What was the increase in Aadhaar Enabled Payment System
(AePS) transaction value year-on-year in September 2024?Solution
AePS transactions saw a 2% decline in value in September 2024, which might be due to changes in transaction behavior or increased use of other digital payment modes like UPI.
- With respect to standard costing, which of the following statement is incorrect? 
- Under which of the following accounting systems, real & nominal accounts are ignored? 
- If an asset’s recoverable amount is less than its carrying amount, what is the correct treatment under Ind AS 36? 
- Which of the following section deals with deduction in respect of Interest on deposits in savings/FD account in case of resident senior citizens? 
- Which of the following reports must be mandatorily submitted by an insurer's statutory auditor to the IRDAI annually? 
- Which of the following is not regarded as Time adjusted or Discounted Cash flows technique of capital budgeting? 
- Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets? �... 
- XYZ Ltd. buys software for ₹10 lakh, with a license period of 3 years. How should it treat this in books? 
- A machine was purchased on 1st April 2020 for ₹5,00,000. Useful life is 5 years with residual value ₹50,000. Depreciation is charged using written d... 
- CERSAI was established to prevent fraudulent lending transactions against equitable mortgages. What does the ‘S’ in CERSAI stand for?