Question
What is the minimum amount required for a case to fall
under the jurisdiction of the Debt Recovery Tribunal (DRT)?Solution
As per the Recovery of Debts and Bankruptcy Act, 1993, the DRT has jurisdiction in cases where the debt amount is ₹20 lakh or more.
Which of the following is NOT an indicator of over capitalization?
AEPS stands for ______________.
A firm has the following details:
• Raw material holding: 25 days
• WIP: 15 days
• Finished goods: 20 days
• Receiva...
According to Section 44 of the Indian Partnership Act, 1932, the court, at the suit of a partner, may dissolve a firm on which of the following grounds?...
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: 12 per...
 Which of the following ratios is very important to assess the eligibility of a borrower for a Term Loan?
When two or more companies come together to expand their business operations in a newly created entity, it is called _________.
Which of the following is the formula for Economic Order Quantity (EOQ)?
The purpose of preparing final accounts is to ascertain         .
A firm has high current assets turnover but declining sales. What strategy should it follow?
