Question
Which Amendment to the Indian Constitution changed the
Preamble to include the words 'Unity and Integrity of the Nation'?Solution
The 42nd Amendment, enacted in 1976 during the Emergency period, revised the Preamble to reinforce the unity and integrity of India, reflecting the government's emphasis on maintaining national cohesion.
Underwriting commission for issue of shares, shall not exceed:
Great Insurance Co. Ltd. on 31.12.2022 had reserve for unexpired risk of 5 crores in respect of miscellaneous business. During 2023, the premium collect...
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
Shareholders holding not less than _________ % of the face value of the equity shares of the transferor company (other than the equity shares already he...
A manufacturing firm includes administrative overheads and interest costs in inventory valuation during a slowdown. Which accounting principle is violated?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
The decisions which are concerned with analysing the risks and rewards of equity and debt and raising money through them is known as:
A company records Net Sales of ₹60,00,000, of which 50% are on credit. The opening receivables were ₹2,00,000 and the closing receivables were ₹4,...
A MSME start-up is eligible for priority sector loan of up to Rs. _________
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