Question
Till which date has the tenure of the 16th Finance
Commission been extended by the Government of India?ÂSolution
The Government of India extended the tenure of the 16th Finance Commission till 30th November 2025, giving it an additional month to finalize its report for 2026–31. The commission, chaired by Dr. Arvind Panagariya, was initially due to submit recommendations by 31st October 2025. Established under Article 280 of the Constitution, the Finance Commission recommends the distribution of tax revenues between Centre and States, principles of grants-in-aid under Article 275, and measures for strengthening local bodies’ financesÂ
If cash inflow from operations is ₹12 lakh, investing cash outflow is ₹5 lakh, and financing inflow is ₹3 lakh, what is net cash flow?
Which of the following statements are not true regarding the issuance of a bank guarantee?
1. All bank guarantees have an expiry period and expir...
A company has the following details for the year:
• Net Income = ₹12,00,000
• Preferred Dividends = ₹1,00,000
• Outstandi...
Match the following:
A) Herzberg P) Need Theory
B) McClelland Q) Expectancy Theory
C) McGregor R) Motivation Hygiene Theory
...
An entity, other than a financial institution, receives the dividends from the shares it owns in certain companies. The entity, while preparing its cash...
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
Which of the following is likely to increase the trade receivables collection period?Â
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
A company has the following details for the year:
• Net Income = ₹5,00,000
• Preferred Dividends = ₹50,000
• Outstanding ...
A company earned a Net Profit of ₹1,00,000. If the Net Sales is ₹12,50,000, out of which ₹10,00,000 is cash sales and remaining is credit sales, w...
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