Question
Who is eligible for appointment as the Central Vigilance
Commissioner or Vigilance Commissioners under the Central Vigilance Commission Act, 2003?Solution
Section 3. Constitution of Central Vigilance Commission: (3) The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed from amongst persons-- (a) who have been or are in an All-India Service or in any civil service of the Union or in a civil post under the Union having knowledge and experience in the matters relating to vigilance, policy making and administration including police administration; or (b) who have held office or are holding office in a corporation established by or under any Central Act or a Government company owned or controlled by the Central Government and persons who have expertise and experience in finance including insurance and banking, law, vigilance and investigations.
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
Calls in arrear is shown in Balance Sheet as?
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Preliminary expenses are the best example for _________.
X Ltd. and Y Ltd. amalgamate to form a new company Z Ltd. X Ltd.’s assets are ₹50 lakh, liabilities ₹20 lakh. Y Ltd.’s assets are ₹30 lakh, li...
A company’s normal tax liability is ₹50 lakh, but MAT under Sec 115JB is ₹58 lakh. If MAT credit is allowed, how much can be carried forward, and ...
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Fill in the blanks by selecting appropriate word/s the List II.
List I:
1.   The _________ ratios are primarily measures of retu...
ICDS IV primarily deals with which aspect of financial reporting
A machine is purchased for $100,000 and $10,000 is spent on its installation. Residual value of the machine is $9,000 and its useful life is 5 years. Ca...