Depreciation is charged on fixed assets to comply with which of the following accounting principle?
The Matching Principle states that expenses should be recognized in the same period as the revenues they helped to generate. In the case of fixed assets, they are acquired to help generate revenue over a period of time. Thus, their cost should be allocated as an expense over their useful life, rather than being recognized as a one-time expense in the period of purchase.
Which of the following statements are True about various types of Deposits?
I- Demand deposits can be withdrawn at the wish of the depositor as t...
Which of the following Key Employment Indicators is/are incorrectly matched?
Which of the following is not the objective of Watershed Management:
Consider the following Statements.
(1) Infrastructure associated with energy, transportation and communication are part of Social Infrastructure....
RBI came out with four-tiered regulatory framework for_________________ for ease of regulation.
Which of the following Statements about Priority Sector Lending is/are True?
I- PSL norms are decided by the RBI after discussion with the Cabine...
Which of the following Statements go against the idea of Multiculturalism?
Consider the following statement regarding Prime Minister’s Scholarship Scheme (PMSS):
I. PMSS is run by the Ministry of Home Affairs, Gove...
Fill in the Second Blank with the amount given to each Farmer family under PM KISAN Scheme.
Timely Working Capital Assistance to Revitalise Industries in Times of Corona Crisis (TWARIT) scheme aims to help Covid-hit MSMEs. This scheme is run by...
