Question
Which of the following is/are true in regards to
National Quantum Mission (NQM): 1. Nurture and scale up scientific and industrial R&D Quantum Technology 2. Create a vibrant & innovative ecosystem in Quantum Technology 3. Approved a total cost of Rs.6000 crore from 2023-24 to 2030-31Solution
The Union Cabinet, chaired by Narendra Modi approved the National Quantum Mission (NQM) at a total cost of Rs.6003.65 crore from 2023-24 to 2030-31, aiming to seed, nurture and scale up scientific and industrial R&D and create a vibrant & innovative ecosystem in Quantum Technology (QT). This will accelerate QT led economic growth, nurture the ecosystem in the country and make India one of the leading nations in the development of Quantum Technologies & Applications (QTA).
Which of the following is NOT part of auditor’s understanding of the entity and its environment under SA 315?
……… is an audit on a legal entity (the auditee) by two or more auditors to produce a single audit report, thereby sharing responsib...
Which of the following deductions is/are available as deduction from income under both the old and new tax regime of Income Tax?
An auditor identifies a significant risk around revenue cut-off due to manual end-period adjustments and complex multi-element contracts. The client pro...
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
‘Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of:
The scope of internal audit is decided by the :
Vouching primarily relates to:
Which of the following provides the most reliable audit evidence?
An auditor concludes financial statements give a true and fair view, except that inventory of Rs. 50 lakh was not physically verified due to management ...
