Question
As per the Indian Penal Code (IPC), attempt to wage war
against the state is punishable _________Solution
Section 121 provides punishment for waging war, attempt or abetment to waging war against the state and does not recognize any difference in between these stages of crime for this offence. It is punishable with death, or imprisonment for life and also fine.
A company enters into a contract to construct a specialized asset over 4 years. At the end of Year 2, total costs incurred are ₹60 lakh, estimated tot...
For intra-State sales, the GST is divided between the Centre and the State in the ratio?
Which of the following is not regarded as a legal rule for a valid acceptance?
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Under Priority sector lending, the sub-target for domestic scheduled commercial banks, to lend to micro enterprises is ______
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
If the current ratio of a company is exactly 1, what will be its Net Working Capital (NWC)?