Question
Which of the following statements is correct about the
Second Five Year Plan of India? I. The draft of this Plan was prepared by P. C. Mahalanobis only. II. This plan emphasised on industrialisation of the economy, particularly heavy industries.Solution
The correct answer is B
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
Donation received by Non-Profit Organization for constructing college library is called:
In financial terms, ___________ enables the analysts to identify slow paying debtors. (Pick the most appropriate option in line with the spirit of the q...
Which of the following statements correctly describe the features of a revolving credit facility?
i. The borrower is sanctioned a credit limit fo...
The manager of a firm is entitled to a commission of 5% of Net profit after charging such commission. Net profit before charging commission is ₹ 42,00...
Life Insurance Contact is a contact of:
As per the Union Budget 2025–26, what is the total outlay allocated for setting up a Centre of Excellence in Artificial Intelligence for Education?
If the realisable value of security held by a bank is less than what percentage of the exposure, the asset is treated as unsecured (loss asset)?
  What will be the net working capital if Current ratio of a concern is 1?
In relation to Accounting for Investments, which of the following statements is/are correct?
Statement-1: The carrying amount for long-term inves...
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