Question
Who appoints the State Election
Commissioner?Solution
The State Election Commissioner is appointed by the Governor of the respective state in India. This appointment is made under the provisions of Article 243K of the Constitution of India, which deals with the superintendence, direction, and control of the preparation of electoral rolls and the conduct of all elections to the Panchayats and Municipalities.
The government securities market in India is regulated by _______
A company invests ₹60,000 in a project that generates ₹15,000 as net annual cash inflow. What is the payback period of the project?
Plant purchased for ₹6,00,000. Depreciation for year = ₹1,00,000. Closing balance of Plant = ₹10,00,000. Opening balance was ₹5,00,000. Calculat...
A company purchased machinery for ₹50,00,000 on 1st April 2020. Installation cost was ₹5,00,000. Residual value ₹3,00,000, useful life 5 years. On...
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
The audit that is made compulsory under statute is called _________.
Net Working Capital (NWC) is defined as:
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borro...
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