Question
What is the principle of insurable interest in
insurance?ÂSolution
The principle of insurable interest requires that the insured must have a financial or other interest in the subject matter of the insurance policy, which means they will suffer a financial loss if the subject matter is damaged or destroyed.
If net profit is ₹1,20,000 and total sales is ₹8,00,000, what is the Net Profit Margin, as per Vertical Analysis?
Short-term capital gains arising from the transfer of equity shares in a company or units of an equity-oriented fund or units of a business trust charg...
The section of the companies Act, 2013 which contains provisions regarding remuneration of the auditor is:
 Which of the following is not a tool of financial statement analysis?
A project has an expected NPV of ₹5 crore, a standard deviation of ₹2 crore, and a coefficient of variation of 0.4. If the company has another proje...
How many digits are there in HSN code?
In a textile mill, cotton passes through spinning, weaving, and dyeing departments. Loss occurs at each stage. Which costing method is best suited?
The arrangement of assets and liabilities in accordance with a particular order is known as of balance sheet.
Which of the following is a depreciation method that is not commonly used?
A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for ________