Question
In the context of insurance, what does "exposure" refer
to?Solution
The correct answer is A. The amount of risk faced by the insured. Exposure refers to the amount of risk that an insurer is potentially liable for.
The total of the discount column on the debit side of a cashbook is posted to the:
Cash withdrawn by the proprietor from the business for his personal use’ causes
A registered dealer purchased inputs worth ₹1 lakh + GST @18% and sold goods for ₹1.5 lakh + GST @18%. What is the net GST payable?
A company earns ₹15 lakh net profit before tax. It donates ₹1 lakh to PM CARES Fund and claims depreciation of ₹2 lakh. What is taxable income und...
Salary received by the Partner of a Firm is charged under the head
A salaried employee earns ₹18 lakhs annually. In FY 2024–25, she contributes ₹1.5 lakh to PPF, ₹50,000 to NPS (u/s 80CCD(1B)), and pays ₹2 lak...
The threshold limit for tax audit for business entities under section 44AB has been proposed to change to how much amount for those assessees, where amo...
The individuals, who have availed loans for purchase of residential property, which was sanctioned between 1st April 2019 and 31 March 2021, can avail t...
Which of the following forms are used for applicable for registration?
_________________ is a brief summary of a prospectus filed before the registrar and contains all the salient features of a prospectus
