Question
Consider the following statements related to thermal
electricity: 1. The electrical current in an electric circuit is due to the flow of electrons. 2. In most conditions, the electrical current is the flow of positive charge. Which of the following statements are correct?Solution
• Statement 1 is correct because electricity is indeed due to the movement of electrons in an electrical circuit. • Statement 2 is incorrect because, in most cases, the flow of electric current is the movement of electrons, not positive charges. In metals, electrons move towards the positive terminal, creating a current. • Therefore, the correct answer is (a) only statement 1 is correct.
A branch receives goods from the Head Office at an invoice price that includes a 25% markup on cost. If the invoice price of goods sent to the branch is...
Which is not the essential characteristic of Bill of exchange:
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
What is the maximum time allowed to complete a buyback offer from the date of passing a special resolution?
Donation received by Non-Profit Organization for constructing college library is called:
Calculate the inventory turnover ratio:
Provision for Bad & Doubtful Debt is created in anticipation of actual bad debts on the basis of:
GST Council is an apex constitution body. It was constituted by virtue of Article ______ of the Constitution of India.
Which of the following cost are not excluded from the cost of inventories as per AS 2:
An Indian citizen who stays in India for less than how many days during a financial year is considered a Non-Resident Indian (NRI)?
Relevant for Exams:
Hey, Don't leave. If you have any queries regarding any exam let us know here.
