Question
In the name "Aditya-L1," what does the term "L1"
represent?Solution
In the name “Aditya-L1,” the term “L1” signifies its designated location, specifically Lagrange Point 1 (L1), situated within the Sun-Earth system. These Lagrange Points denote unique positions where the gravitational forces of two celestial bodies, namely the Sun and Earth, are perfectly balanced.
Section 24(b) of the Income Tax Act refers to:
The delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or other...
A firm wants to classify its expenses by nature (salaries, depreciation, rent, etc.) in its Income Statement. According to Schedule III of Companies Act...
The life of the business is split into smaller intervals as per which of the following accounting concepts?
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
What is the maximum cost of the project/unit allowed under PMEGP for 2nd loan in the manufacturing sector (for upgradation)?
Which of the following statements is correct?
Which of the below import duties would be imposed?
A firm has high current assets turnover but declining sales. What strategy should it follow?
___________ implies the overall market risk that affects all securities and cannot be diversified away.