Question
Who is considered an "allottee" in relation to a real
estate project according to the RERA?Solution
Section 2. Definitions. (d) “allottee” in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter, and includes the person who subsequently acquires the said allotment through sale, transfer or otherwise but does not include a person to whom such plot, apartment or building, as the case may be, is given on rent.
A firm's debt = ₹8,00,000 and equity = ₹12,00,000. Debt-equity ratio is:
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
The ratio that measures the percentage of profit earned on sales before interest and tax is:
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
Which of the following is not a tool of financial statement analysis?
As per the Banking Regulation Act, 1949, which of the following is not included in the "Schedule of Interest Accrued but Not Due" in a bank's balance sh...
A company’s Balance Sheet shows the following figures:
• Current Assets amounting to ₹12,00,000, which include an Inventory balance of ₹3...
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
A high Inventory Turnover Ratio, in comparison to industry average, may indicate: