Question
India is a consumption led economy whereas China
is an investment led. Which of the following statements are correct? i. India has current account deficit ii. Normally China has trade surplus iii.Problems in world trade will affect China more adverselySolution
China is an investment led economy so it produces lot of goods and services for export market. Thus there will be trade surplus for China. On the other hand, India is consumption driven economy. High consumption is partly filled by imports. Therefore, India is having a current account deficit. If world trade declines, it will more adversely affect China as its export income will reduce.
A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation...
The first Annual General Meeting of the company shall be held ______________
Which metric is commonly used to evaluate a company’s operational efficiency?
A project has IRR of 14% and NPV of ₹5 lakhs at 10% cost of capital. If cost of capital rises to 16%, what will happen to NPV?
Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
Which of the following account has a Credit Balance?
Read the following information to answer the below questions:Â
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
Relevant for Exams:
