Question
Which of the following power does not lie with the
Parliament as per Art.3 of the Constitution?Solution
Art. 3. Formation of new States and alteration of areas, boundaries or names of existing States.— Parliament may by law— (a) form a new State by separation of territory from any State or by uniting two or more States or parts of States or by uniting any territory to a part of any State; (b) increase the area of any State; (c) diminish the area of any State; (d) alter the boundaries of any State; (e) alter the name of any State:
The 'CAG' stands for:
In relation to the Accounts of Electricity Companies, which of the following points are involved in the Optimised Depreciated Replacement Cost [ODRC] Me...
A MSME start-up is eligible for priority sector loan of up to Rs. _________
A manufacturing company prepares a flexible budget for its production costs. At 60% capacity, its total cost is ₹6,00,000, including ₹2,40,000 fixed...
The new concept of One Person Company (OPC) introduced by the Companies Act, 2013 provides that OPC should be registered as a _____________ type of com...
A company records Net Sales of ₹60,00,000, of which 50% are on credit. The opening receivables were ₹2,00,000 and the closing receivables were ₹4,...
What is accounting standard-3 (revised) associated with?
A lender’s portfolio of unsecured retail loans shows a moderate uptick in 30-day delinquencies and a macro overlay indicating deterioration in borrowe...
An annuity that starts at a predetermined date in the future is called as:
A corporate prefers issuing bonds instead of taking bank loans. What is the primary advantage?
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