Question
Which one of the following statements correctly
describes the meaning of legal tender money?Solution
Legal tender money refers to currency that must be accepted by creditors for settling debts.
XYZ & co is a partnership firm that has been operating for five years. The firm has consistently achieved average annual profits of ₹1,00,000. The cap...
What is the primary objective of the Reserve Bank of India (RBI)?
Which of the following reflects a sign of strong corporate governance practices?
Under Companies Act, 2013, a company can declare dividend from:
What is the composite loan limit that can be sanctioned by banks to MSE entrepreneurs under a single window for both working capital and term loan needs?
Under Section 8OU, total deduction to be allowed in case of an individual having severe disability is ________.
As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
Which of the following is true regarding e-invoicing under GST?
Which instance of SaaS allows users to explore functionality of web services such as Google Maps, Payroll Processing and Credit Card Processing Services...
If a government grant is received but later becomes refundable, how should it be accounted?Â