Question
Managing director will be counted as _____________ while
calculating the maximum limit of managerial remuneration in case of private company.Solution
Companies Act Managing director will be counted as an employee of the company as he manages and acts on behalf of the shareholders of the company. As per Section 197 of the Companies Act, 2013, the total managerial remuneration payable by a private company to its directors, including managing director, whole-time director, and manager, should not exceed 11% of the net profits of the company in that financial year.
When employees in the workplace often talk of 'us' and 'them', it reflects that the organisation has a _________ frame of reference.
Which account in the BOP includes transactions related to currently produced goods and services?
Which is the process of converting the organizational structure of the stock exchange from a non-corporate to a corporate structure?
Which of the following would have the lowest credit risk for a bank/lender?
In February 2024, in which of the following sectors, the FDI limit has been increased to 100%?
Imputed cost is _______
What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses...
As per the Companies Act, 2013, the minimum gap between two Annual General Meetings (AGMs) should not be more than:
How much financing did the World Bank approve to help India accelerate low carbon energy development in its second round?
The maximum investment that can be made in Pradhan Mantri Vaya Vandana Yojana (PMVVY) is restricted to _________ per senior citizen.
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