Question
Which article of the Indian Constitution allows for the
imposition of President's Rule in states?Solution
Article 356 is considered the most controversial article of the Indian Constitution as it provides for the imposition of President's Rule when a state government is unable to function according to constitutional provisions. This results in the dissolution of the state legislature and direct administration by the central government. The Supreme Court's 1994 SR Bommai case established that the imposition of President's Rule is subject to judicial review, addressing concerns about potential misuse of this power.
DuPont analysis is:
Forfeiture of shares occurs when a shareholder:
Which of the following statement is correct?
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm budgeted sales of ₹120 lakh but achieved actual sales of ₹100 lakh. Variable cost was budgeted at 60% of sales, and actual cost was 62% of ac...
What is the primary objective of CARO?
In a manufacturing entity, the cost of abnormal waste is:
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
What is the CAPM?
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