Question
The National Judicial Appointment Commission(NJAC) was
declared unconstitutional by the Supreme Court in which of the following cases?Solution
Supreme Court Advocates on Record Association Vs. union of India- The appointments made by NJAC (National Judicial Appointments Commission) was held to be unconstitutional. The case is based on the independence of the judiciary as the part of basic structure of the Constitution. This case is famously known as āSecond Judges Caseā. To secure the āRule of Lawā which is essential for the preservation of the democratic system and the separation of powers which is adopted in the constitution with the directive principles of āSeparation of judiciary from the executiveā, the case was decided on 6th October 1993.
A delay of 31 to 60 days in repayment of loan obligation to a bank will be classified under which category as per IRAC norms?
Zero-based budgeting means:
Fixed assets are held by business for __________
When a bankās assets and liabilities are not aligned in terms of maturity profiles, it primarily exposes the bank to which type of risk?
1 Auditing begins where ______ ends.
What is the maximum number of directorships a person can hold in Indian companies as per Companies Act, 2013?
In amalgamation in the nature of merger, which method is used?
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?
The term ā Previous yearā is defined under which section of Income Tax Act?
In FY 25, a company sold equipment (original cost ā¹10,00,000, accumulated depreciation ā¹6,00,000) for ā¹4,50,000 and also purchased a new asset for...