Question
What was the fiscal deficit target set in the Union
Budget 2026–27?Solution
The fiscal deficit for FY 2026–27 has been targeted at 4.3% of GDP, reflecting continued fiscal consolidation while accommodating growth-oriented spending.
Receivables Velocity/average collection period of the company?
A company has opening inventory of ₹1,50,000 and closing inventory of ₹2,50,000. Purchases during the year were ₹10,00,000. What is the Inventory ...
A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under whi...
Entity issues convertible debentures that are dilutive. Net profit = ₹100 crore; weighted average equity shares = 10 crore. If converted, debentures w...
As per AS 13, long-term investments are carried at cost. When a permanent diminution in value occurs, the carrying amount must be reduced and the reduct...
According to section 11 of the Indian Contract Act agreement with a minor is:
Which of the following represents ownership in a company?
Which of the following statements about the accrual basis of accounting is true?
Which of the following reflects a sign of strong corporate governance practices?
For Assessment year 2020-21, A security ( other than a unit) listed in a recognized stock exchange, or a unit of equity oriented fund or a unit of the U...
