Question
As per Section 20(1) of the General Insurance Business
(Nationalisation) Act, what does the acquiring company do with the balance of profit after making necessary provisions relating to bad and doubtful debts, depreciation in assets, welfare etc.?Solution
Section 20.  Balance of profit how to be utilised: (1) After making provision for bad and doubtful debts, depreciation in assets, provident, superannuation, welfare and other funds, debts due to Government and all other matters for which provision is necessary under any law or which are usually provided for by insurance companies, every acquiring company shall distribute the balance of profit as dividends.
For most of the cereal grains, moisture content for safe storage isÂ
Identify the cropping practice adopted in regions prone to climatic uncertainties, involving the cultivation of crops without definite row arrangements.
What effect does excess nitrogen have on cotton plants?
 .…………….. was established in 1972 under the Ministry of commerce and industry for promotion of export of marine products from India.
...Which anti-transpiration technique employs chemicals like PMA and atrazine to reduce photosynthesis, limiting their application due to potential constra...
The law by which company cannot make its product illegally similar to competitor’s product?
Which of the following does not act as antitranspirants in the plants?
What is the purpose of the scouring stage in cotton purification?
The headquarters directorate of Plant Protection, Quarantine and Storage (DPPQS) is located at which place?
The yellow vein mosaic of okra is majorly transmitted by ____
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