Question
Who first propounded the theory of the Doctrine of
Separation of Powers?Solution
Explanation: The theory of Doctrine of Separation of Power was first propounded by Montesquieu, a French scholar in and 1747 published in his book ‘Espirit des Louis’ (The spirit of the laws). Montesquieu found that if the power is concentrated in a single person’s hand or a group of people then it results in a tyrannical form of government. To avoid this situation with a view to checking the arbitrariness of the government he suggested that there should be clear-cut division of power between the three organs of the state i.e. Executive, Legislative and the Judiciary.
For each registration, a separate GST Registration No (i.e., GSTIN) of ______ digits is allotted.
Under which method are extraordinary items presented separately in the statement of profit and loss?
Consider the following information.
What will be the ...
ABC Ltd. reports a net profit after tax of ₹6,00,000 for FY 2024–25. Depreciation expense is ₹1,20,000. Accounts receivable increased by ₹80,000...
Which of the following situations requires recognition of provision?
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
Which of the following is NOT a reason for using IT?Â
The 'Baumol Model' in financial management is used for determining the:
A manufacturing company prepares a flexible budget for its production costs. At 60% capacity, its total cost is ₹6,00,000, including ₹2,40,000 fixed...
 Which of the following is not a tool of financial statement analysis?