Question
Who is authorized to approve the withdrawal of funds
from the Consolidated Fund of India?Solution
The authority to approve any withdrawal of funds from the Consolidated Fund of India lies with the Parliament. This is stipulated under Article 114 of the Indian Constitution, which mandates parliamentary approval for all expenditures from this fund.
We can say that the business is in profit, when:
Under Ind AS, impairment of an asset requires:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
What best describes a Bank Guarantee?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
There can be variety of budget. Name the budget which relates to a particular function of the business.
How many digits are there in a MMID code used for money transfer through mobile devices?
A budget that changes with the level of activity is a:
According to the capital-asset pricing model (CAPM), a security's required return is equal to the risk-free rate plus a premium. This premium is _____
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