Question
Which of the following is not classified as a type of
asbestos?Solution
Asbestos refers to a group of six naturally occurring silicate minerals with fibrous structures: chrysotile, amosite, crocidolite, tremolite, anthophyllite, and actinolite. These are divided into serpentine (e.g., chrysotile) and amphibole types. Hematite, however, is an iron oxide mineral and is not a form of asbestos.
A company is planning a capital raise of ₹20 lakh, with 60% from equity (cost 16%) and 40% from debt (cost 10%). If the tax rate is 30%, calculate its...
In project finance, 'Completion Guarantee' is a undertaking provided by the project sponsors to the lenders to cover:
What is the primary role of the Central KYC Records Registry (CKYCR)?Â
With respect to hire purchase and installment sale transactions, which of the following statement is incorrect?
Opening inventory ₹20 lakh, purchases ₹80 lakh, closing inventory ₹30 lakh. What is cost of goods sold?
What is the standard TDS rate applicable to interest on securities as per Section 193 of the Income Tax Act, 1961?
A business has monthly cash inflows of ₹10 lakh and monthly outflows of ₹12 lakh. What is the working capital requirement as per the Cash Budget Met...
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...
Accounts relating to income, revenue, gain expenses, and losses are termed as:
What is accounting standard-3 (revised) associated with?
