Question
Which country was the top source of Foreign Direct
Investment (FDI) to India in the fiscal year 2023-24?Solution
Singapore was the largest source of FDI to India in the fiscal year 2023-24, contributing USD 11.77 billion despite a general decline in global economic conditions. This investment underscores Singapore's significant role in India's economic landscape.
In a growing economy, an initial rise in autonomous investment leads to an increase in income through repeated consumption spending. The higher income f...
How are fictitious assets treated in the balance sheet under Indian GAAP?
1.   Given the following, what is the amount of Capital?
Assets: Premises 20,000; Inventory 8,500; Cash 100.
Liabilities: Trade Payab...
A company earns ₹18,00,000 in revenue and incurs expenses of ₹4,00,000 in salaries, ₹6,00,000 in cost of goods sold, ₹1,00,000 in rent, ₹3,00,...
As consumers’ income rises, the demand for branded packaged foods, eating out at restaurants, and premium clothing increases proportionately. The inco...
If two alternative proposals are such that the acceptance of one shall exclude the possibility of the acceptance of another then such decision making w...
While finalizing the current year's profit, the company realized that there was an error in the valuation of closing Inventory of the previous year. In ...
What is the initial corpus of the Agri-SURE fund unveiled by NABARD to promote innovation in agriculture and rural development?
A company forfeited 200 shares of ₹10 each, on which ₹7 was called up and the shareholder had paid ₹4 per share. What amount will be credited to t...
Where are ethical standards typically based?
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