Question
Recently Ministry of Micro, Small and Medium Enterprises
(MSMEs) joins hands with which of the following IIT to facilitate the MSME Design Innovative Scheme?Solution
MSME Design Innovative Scheme-The Ministry of Micro, Small and Medium Enterprises (MSMEs) joins hands with Indian Institute of Technology (IIT) Kanpur’s technology based incubator, Startup Incubation and Innovation Centre (SIIC) to facilitate the MSME Design Innovative Scheme. The partnership will leverage design expertise and the design fraternity to improve India’s manufacturing sector. The MSME Ministry’s Design Innovative scheme offers grants to the final year Undergraduate and Postgraduate students engaged in design development and MSMEs working in the design domain. These funds are awarded for one year for the development of select prototypes.
With respect to standard costing, which of the following statement is incorrect?
Under which of the following accounting systems, real & nominal accounts are ignored?
If an asset’s recoverable amount is less than its carrying amount, what is the correct treatment under Ind AS 36?
Which of the following section deals with deduction in respect of Interest on deposits in savings/FD account in case of resident senior citizens?
Which of the following reports must be mandatorily submitted by an insurer's statutory auditor to the IRDAI annually?
Which of the following is not regarded as Time adjusted or Discounted Cash flows technique of capital budgeting?
Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets? �...
XYZ Ltd. buys software for ₹10 lakh, with a license period of 3 years. How should it treat this in books?
A machine was purchased on 1st April 2020 for ₹5,00,000. Useful life is 5 years with residual value ₹50,000. Depreciation is charged using written d...
CERSAI was established to prevent fraudulent lending transactions against equitable mortgages. What does the ‘S’ in CERSAI stand for?
