Question
Which of the following statements is correct? A.
In case of Forward Rate Agreement there is an exchange of interest rate B. FRA is an over the counter (OTC) instruments to cover interest rate risksSolution
The correct answer is B
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
A customer purchases a general insurance policy covering fire and burglary. The insurer charges a premium of ₹50,000 for the annual coverage. As per p...
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
According to RBI’s KYC Directions, which account type can have relaxed identification requirements under specific circumstances?
A company’s warehouse was damaged by fire after the balance sheet date but before the approval of accounts. Under Ind AS 10, this is:
As per the GFR rule applicable for GeM direct buying can be adopted for purchase orders in the range: -
Which of the following is time spann into which the total life of a business is divided for the purpose of preparing financial statements?Â
What is the due date for filing GSTR-9, the annual return, as per GST law?
In the context of GeM, what is the full form of ‘PAC’?
