Question
For which of the following purposes, Mega Food Parks
scheme was introduced by the Government of India?Solution
Mega Food Park is an inclusive concept and a scheme of the Ministry of Food Processing of the Government of India, aimed at establishing a "direct linkage from farm to processing and then to consumer markets" through a network of collection centres and primary processing centres.
Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence ...
Indirect material used in production is classified as
ABC Ltd. reported net profits of ₹12 lakh, but their cash from operations was only ₹3 lakh. The company made large purchases of inventory and extend...
What is the role of the Financial Action Task Force (FATF) in the context of global financial regulations?
Which of the following statements correctly describe the features of a revolving credit facility?
i. The borrower is sanctioned a credit limit fo...
In working capital management, the period of continuing flow of cash to suppliers, to inventories, to accounts receivable and back into cash is known as:
A catastrophe event occurs after year-end but before approval, affecting many policies. How should the insurer treat it?
A company operates a bonus scheme that pays a variable lump-sum to employees annually, dependent on achieving an annual profit target and employees rema...
In the context of PSU purchases, 'GeM' stands for:
A retailer begins the month with 200 units valued at ₹50 per unit. During the month, they purchase 300 units at ₹55 and later 500 units at ₹60. By...
