Question
Consider the following statements regarding
disqualification 1. The disqualification under Representation of Peoples Act, 1951 is decided by the Governor as per advice of Election Commission. 2. The disqualification under Anti Defection Law is decided by the Speaker as per advice of Election Commission. Select the correct statement/s from the code given below:Solution
β Statement 1 is correct: A member of the state legislature can be disqualified under Representation of Peoples Act, 1951. The decision on this is taken by the Governor as per advice of the Election Commission. β Statement 2 is incorrect: The disqualification under Anti Defection Law is decided by the Speaker. However the speaker acts as a tribunal in this case and does not require the recommendation of the Election Commission.
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = βΉ1,00,000
Variable c...
Viability Gap Funding (VGF) is primarily associated with which type of projects?
The unpaid amount on shares that a company can call upon from its shareholders at a later date is called:
As per the Master Circular on Management of Advances β UCBs, for borrowers (other than MSEs) requiring fund-based working capital up to βΉ1 crore and...
Provisions of Section 64(1A) will not be applicable to any income of a minor child suffering from any disability specified under ________. In other word...
CERSAI was established to prevent fraudulent lending transactions against equitable mortgages. What does the βSβ in CERSAI stand for?
The first auditor of a company (other than government company) is appointed by the ______ within ______ of registration of the company by passing a vali...
What is the interest rate earned on digital currency e-rupee?
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
Holding cash for transaction motive is: