Question
Who has been recently appointed as the fifth full-time
member of the NITI Aayog?Solution
Explanation: Rajeev Gauba, former Cabinet Secretary, was appointed as the fifth full-time member of NITI Aayog, India’s premier policy think tank.
Which among the following deals with Accounting for Inventories?
A company purchases goods worth ₹10 lakh + 18% GST, uses 70% for taxable supplies and 30% for exempt supplies. Calculate eligible ITC.
A company values inventory at lower of cost and NRV. Cost per unit = ₹150, NRV per unit = ₹140. For 5,000 units, calculate value as per Ind AS 2.
If rights and beneficial interest in a property is transferred but documentation and legal formalities are pending then seller & purchaser should recor...
Which of the following financial statements would provide information about a company's income?
Which type of insurance contract provides a guaranteed payout to the policyholder regardless of the occurrence of the insured event?
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
Which of the following not regarded as external source of finance?
Which one of the following is not regarded as Indirect material?
