Question
Under BNSS, 2023, what is the maximum period within
which an investigation must be completed for offences punishable with imprisonment of less than 10 years?ÂSolution
As per Section 193 of BNSS, the investigation for offences punishable with less than 10 years of imprisonment must be completed within 60 days. For more serious offences (punishable with 10 years or more, life imprisonment, or death), the period is 90 days. This change aims to ensure speedy investigation and trial, a major goal of the 2023 reform replacing the CrPC.
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
When shares are issued by a company to its employees or its directors, either at a discount or for consideration other than cash, for providing know-how...
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
As per RBI’s 2025 guidelines, in a project finance loan of ₹1,500 crore or more, what is the minimum exposure per lender required?
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000
Long-term debt of Rs.1,000,000 at 10% ...
An asset is purchased for ₹10,00,000. Salvage value is ₹1,00,000. Useful life is 5 years. Using WDV @ 10%, what is the depreciation in year 3?
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
The primary benefit of an ERP system's integrated database is that it:
Consider the following journal entry:
In what circums...
If an ad-hoc credit limit sanctioned by a bank is not reviewed and the account shows no activity, when does it become an NPA?