Question
In which year was the "Right to Information" Act enacted
in India?Solution
The Right to Information Act was passed by the Indian Parliament on June 15, 2005, and came into full effect on October 12, 2005. It enables citizens to access information under the control of public authorities.
As per the Union Budget 2024-25, the Long-Term Capital Gains (LTCG) tax rate under sections 112A and 112 has been revised to _____
The Internal Rate of Return (IRR) is the discount rate at which:
The rule for nominal accounts is
Raman Ltd. is evaluating a new machine costing ₹60 lakhs with a useful life of 5 years. The expected annual operating cash inflows (after-tax) are ₹...
Project A has NPV ₹8 lakh, IRR 15%. Project B has NPV ₹6 lakh, IRR 17%. If cost of capital is 12%, and projects are mutually exclusive, which should...
Project X requires an initial investment of ₹10,00,000 and is expected to generate cash inflows of ₹3,00,000, ₹4,00,000, ₹5,00,000, and ₹2,00,...
Company considers leasing equipment (annual lease ₹12 lakh for 5 years) vs buying at ₹45 lakh financed at 10% loan. Tax rate = 30%. Equipment deprec...
Which method in capital budgeting considers the time value of money but ignores cash flows beyond payback?
ABC Ltd. is evaluating two projects. Project A requires ₹50 lakhs investment and offers IRR of 14%. Project B requires ₹40 lakhs and gives IRR of 12...
A ₹1,000 face value bond, paying 10% annual coupon, maturing in 5 years, is currently selling for ₹1,100. What is its current yield?