Question
Consider the following statements: 1. The
salary allowance of a high court judge is decided by parliament. 2. The salary of a high court judge is charged on a consolidated fund of India. 3. The Constitution does not contain detailed provisions regarding jurisdiction of the high court. Which of the statements given above is/are correct?Solution
• Statement 1 is correct: The salary of High court judges is charged Expenditure which is decided by parliament of the country. • Statement 2 is incorrect: The salary of a high court judge is charged on a consolidated fund of States. • Statement 3 is correct: The given statement is true. Nothing substantial regarding jurisdiction of the high court is provided in the Constitution Â
The 'Baumol Model' in financial management is used for determining the:
When the day on which a promissory note or bill of exchange is at maturity (after including days of grace) is a public holiday (except emergency or unfo...
Interest payable on the bonds is a/an _______
Shareholders holding not less than _________ % of the face value of the equity shares of the transferor company (other than the equity shares already he...
Which of the following is an example of capital expenditure?
What is the primary objective of capital budgeting?
Which is not a continuous audit technique?
Capital budgeting involves the evaluation of:
If a company declares dividends after the balance sheet date but before financial statements are approved, AS 4 requires that:Â
Which organization sets the GAAP standards in India?
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