Question
Which of the following is/are true about Joint
Management Council? I.        It was established in 1958 II.        It is applicable where there are equal or more than 100 workers III.        Total members should not exceed 12. IV.        It is constituted at the plant level V.        Chief executive should be the chairpersonSolution
Explanation: Joint Management Councils are constituted at the plant level . These councils were set up as early as 1958 and consist of an equal number of representatives of the employers and employees, not exceeding 12 at the plant level. The plant should employ at least 500 workers.
Using Q57, if Term Loan repayment is ₹14 cr and Interest ₹6 cr, what is the DSCR?
If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
A borrower submits stock of ₹100 crore and debtors of ₹60 crore. Audit reveals slow-moving stock of ₹35 crore and debtors over 180 days of ₹25 c...
A company issues 5,00,000 shares in the market. The face value of each share is Rs.2, the book value is Rs.10 and the market value is Rs.15. What is th...
Owners’ equity is shown as the liability in the balance sheet. This is based on the accounting concept:
A company shows the following balance sheet figures (₹ in crore): Equity 40, Reserves 20, Term Loan 60, Current Assets 80 and Current Liabilities 40. ...
Income limit for rebate of income tax increased from ₹5 lakh to ____ lakh in the new regime of Budget of 2023-24.
Match the following: