Question
What is the proposed new base year for GDP calculation
as suggested by the Ministry of Statistics and Programme Implementation (MoSPI)?ÂSolution
MoSPI has proposed updating the GDP base year from 2011-12 to 2022-23 to enhance the relevance and accuracy of economic data. This change is expected to take effect by February 2026, with updates also planned for the Consumer Price Index (CPI) and Index of Industrial Production (IIP).Â
Which of the following is an example of capital expenditure?
Which of the following statement is incorrect?
Depreciation is applicable to:
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following is true about stock options granted to employees (share-based payments) under Ind AS 102?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
What are the reasons for differences between the bank balance and book balance?
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