Question
What is the purpose of the General Financial Rules
(GFR) in the context of the Government of India?Solution
To provide a comprehensive set of rules for financial management applicable to all government departments, Explanation: General Financial Rules are the general rules of Government of India which are applicable to all Government Ministries / Departments. These rules were first introduced in 1947 and modified thereafter, in 1963, 2005 and 2017.
According to Section 167 of the Companies Act, 2013, the office of a director shall become vacant in which of the following circumstances?
(I) �...
As per the recent Union Budget 2026-27, share buybacks will now be taxed as capital gains for all shareholders with an aim to curb tax arbitrage. Which ...
Which of the following is an example of contract costing?
Except with the consent of the Board of Directors given by a resolution at a meeting of the Board and subject to such conditions as may be prescribed, n...
Alpha Tech Ltd. filed a Shelf Prospectus on April 1, 2026, for a series of debenture issues over the next year. On August 15, 2026, the company create...
Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is ...
As per Section 47 of the Companies Act, 2013, every member of a company limited by shares and holding equity share capital therein, shall have a right t...
As per the Companies Act and related regulations, the buyback offer made by a company shall remain open for a period of not less than ____
and not...Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
Which of the following is not a characteristic of a private limited company under Companies Act, 2013?
