Question
Which court has jurisdiction to hear and decide
matrimonial disputes under the Hindu Marriage Act?Solution
Explanation: The Family Court has been established under the Family Courts Act, 1984 to hear and decide matters relating to marriage, divorce, and other family disputes. The Family Court has jurisdiction to hear and decide matrimonial disputes under the Hindu Marriage Act.
Valuing inventory at cost or net realizable value is based on which principle?
Which of the following statements is true?
Which of the following is not a type of director that can be appointed on the Board of a company?
XYZ Ltd. has overheads of ₹5,00,000 allocated to 4 activities: Machine setup (₹1,50,000), Quality control (₹1,00,000), Material handling (₹1,50,...
Which type of insurance contract provides a guaranteed payout to the policyholder regardless of the occurrence of the insured event?
If a company operating in a different country works the manner exactly like the parent company, such orientation is called:
In the CAMELS approach of risk assessment used for evaluating financial institutions, what does the letter ‘C’ stand for?
Parent Ltd. acquires 75% of Subsidiary Ltd. on 1 July 2024. Subsidiary’s profit for the year ended 31 March 2025 is ₹16,00,000, earned evenly. Calcu...
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
Which of the statements is correct with respect to a company that has announced a bonus issue according to Rule 14 of the Companies (Share Capital and D...
