Question
Which of the following steps should be taken when there
is high inflation in an economy? i. Increase direct taxes ii. Reduce policy interest rates iii. Decrease statutory reserve requirements (CRR and SLR) for banksSolution
High inflation means there is more money supply in the market. Reducing interest rates and decreasing reserve requirements will further increase the money supply, so these actions are counterproductive. Increasing direct tax will reduce the money supply and will be helpful in controlling the inflation.
A company purchased 10,000 units at ₹20 each. Freight = ₹1,00,000. Normal loss = 500 units. At year-end, 8,000 units are sold. Closing stock should ...
In which set of regulations are the specified forms (e.g., Form A - BS, Form B - BS Form A – RA, Form B – RA etc.) provided for insurance company re...
Which of the following is not regarded as Time adjusted or Discounted Cash flows technique of capital budgeting?
Which of the following accounting standards deals with "Net Profit or loss for the period, prior period items and changes in the Accounting Policies"?
As per Income Tax Act, Children hostel allowance is exempt upto?
Which regulatory authority oversees and governs the functioning of Credit Information Companies (CICs) like CIBIL, Experian, Equifax, and CRIF High Mark...
Which of the following taxes will be levied on imports?
Under process costing, which of the following is considered as normal loss?Â
A company has the following inventory data for a product:
•Opening Stock: 500 units @ ₹50
•Purchases: 1,000 units @ ₹55
•...
While calculating the claim outstanding at the end, which claims are considered?
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