Question
In the India–Africa development partnership, how many
scholarships were offered to African youth and how many have been utilised?Solution
The initiative provides 50,000 scholarships to African youth, with 42,000 reported as utilised. Alongside human capital support, India has also extended $12 billion in concessional loans and $700 million in grants, and has invested over $75 billion (1996–2024) in Africa. The partnership also references relief operations in Mozambique, Madagascar, Mauritius, and invitations to join the Coalition for Disaster Resilient Infrastructure (CDRI) and the International Solar Alliance (ISA).
Which method of depreciation results in equal depreciation expense each year?
Which of the following is NOT a method of charging depreciation?
If a firm has been changing its depreciation policy every year, it is violating the_______ concept/principle of accounting.
Which asset is not eligible for depreciation under the Income Tax Act?
Company X acquired equipment costing ₹5,00,000 on 1-Jan-Year1; useful life 5 years, no residual. It capitalises borrowing costs of ₹30,000 related t...
A machine costing ₹8,00,000 has a salvage value of ₹80,000 after 10 years. The company follows Straight Line Method (SLM). During the 4th year, it s...
Under which condition will no depreciation be charged on a fixed asset during a financial year?
A company purchases an intangible asset (software license) for ₹20 lakhs, with a legal validity of 5 years and probable economic benefit of 8 years. A...
A machine costing ₹8,00,000 has a useful life of 5 years and scrap value of ₹50,000. Using WDV method at 30%, what will be the book value at the end...
Which method of depreciation is NOT recognized by the Companies Act, 2013?
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