Question
The government has issued a notification for setting up
mega textile parks under the PM-MITRA scheme. Find the correct answer/s about this.Solution
Ministry of Textiles has issued a notification to set up 7 Mega Integrated Textile Region and Apparel (PM MITRA) Parks with a total outlay of Rs. 4,445 crore. These are aimed at helping India to achieve the United Nations Sustainable Development Goal 9: "Build resilient infrastructure, promote sustainable industrialization and foster innovation". The PM MITRA scheme is inspired by the 5F vision of Hon'ble Prime Minister - Farm to Fibre to Factory to Fashion to Foreign.
With respect to time value of money, which of the following statement is incorrect?
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Indirect material used in production is classified as
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H Ltd owns 80% of S Ltd. S Ltd made a profit of ₹10 lakh this year. There are unrealized profits in closing stock of ₹1 lakh due to inter-company sa...