Question
According to the General Insurance Business
(Nationalisation) Act, what is the prescribed rate of interest for any unpaid amount, whether in instalments or otherwise, from the appointed day?Solution
Section 13. Mode of payment: (2) Where any amount is payable whether in instalments or otherwise under the provisions of this section, the unpaid amount, where its payment has become due shall carry interest at the rate of four per cent. per annum from the appointed day.
If there exists a specific sports fund, the expenses incurred in relation to sports activities will be taken to:
Accounting has been referred to as the__________of business.
What is the loan amount and tenure under the second tranche of finance provided through PM Vishwakarma Scheme?
ORACLE is an example of:
Which of the following taxes will be levied on imports?
Inventory valuation under Ind AS normally uses which of the following basis?
 The work of one clerk is automatically check by another clerk is called _________.
Which accounting treatment is appropriate for assets given on finance lease (lessee perspective) under Ind AS?
In credit risk modeling, which of the following elements must be assessed to calculate the potential expected loss faced by a bank?
1. Probabilit...
Bonus issue is also known as
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