Question
Who among the following was not part of the group of
'no-changers' in the Congress Party?Solution
The suspension of the Non-Cooperation movement as well as the internment of Gandhi paved the way for wider ramifications. In the absence of Gandhi, the Congress leaders were divided over the question of the strategy to be adopted. As a result, the Congress got split into two groups namely āNo-changersā and āPro- changesā. The group led by C.R. Das which favoured the council ā entry move was known as āPro-changersā and those who opposed the council entry move were called as āNo-changersā. The āPro-changersā included prominent leaders like C.R.Das, Motilal Nehru and Satyamuti.
A firmās balance sheet shows:
⢠Current assets: ā¹400 lakh
⢠Current liabilities: ā¹250 lakh
⢠Inventory: ā¹100 lakh
...A company is evaluating its debt-equity mix. It observes that increasing debt reduces overall cost of capital up to a point, but beyond that the cost of...
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
A company has a Current Ratio of 3:1. If it pays a current liability of ā¹50,000, what will be the effect on the Current Ratio?
XYZ Ltd. has the following details: Equity Share Capital = ā¹50 lakhs, Reserves = ā¹20 lakhs, Long-term Debt = ā¹30 lakhs. EBIT for the year is ā¹18...
The ratio that measures the efficiency of total assets usage is:
The ratio that measures the percentage of profit earned on sales before interest and tax is:
Which of the following appears on the Balance Sheet?
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
⢠Firm A (Unlevered): It is entirely equity finance...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31ā3ā2023: