Question
What is the primary reason for the 10% import duty on
lentils (mosur) imposed by the Indian government?Solution
The Indian government imposed a 10% import duty on lentils to support domestic farmers and ensure local supply, reducing reliance on imports.
When a bank’s assets and liabilities are not aligned in terms of maturity profiles, it primarily exposes the bank to which type of risk?
What are the reasons for differences between the bank balance and book balance?
A company has the following inventory data for a product:
•Opening Stock: 500 units @ ₹50
•Purchases: 1,000 units @ ₹55
•...
Under the MSE-CDP Scheme, what is the Government of India subsidy percentage for new Common Facility Centres (CFCs) with a project cost between ₹5–1...
A manufacturing company prepares a flexible budget for its production costs. At 60% capacity, its total cost is ₹6,00,000, including ₹2,40,000 fixed...
Which of the following best describes the interest on government bonds?
In relation to the condition for the issue of equity shares with differential rights:
The share with differential rights shall not exceed ______ ...
Which of the following are an auditor’s objectives with regard to verification of assets?
(i)Â Assets exist
(ii) Assets belong to the c...
Which of the following is an example of an intangible asset?
The per unit expenses of the ____(1) ___ portion of factory overhead varies with the volume of production while ___ (2)___ portion remains the same with...
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