Question
In which year was Assocham
founded?Solution
Assocham (The Associated Chambers of Commerce and Industry of India) was formed in 1920. It is one of the oldest apex trade associations in India, playing a key role in shaping industrial and economic policy over the past century.
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
A company uses the FIFO method of inventory valuation. The following purchases and sales were made during the month of April:
• April 1: Openin...
Which of the following best describes a "nominee director" in a company?
Which of the following correctly defines a Bridge Loan?
For an unincorporated association, body of individuals, or society, a person is considered a beneficial owner if they hold more than what percentage of ...
What does ERP stand for?
Which section of the Income Tax Act defines the term Assessee?
An insurer has outstanding claims at the start of the year ₹50 lakh. During the year, claims paid total ₹3 crore. At year-end, the estimated outstan...
In the context of banking, what does the term "KYC" stand for?
A budget that outlines the planned expenditures for major capital assets like machinery and buildings is the:
