Question
Section 3 primarily deals
with:Solution
Section 3 prohibits anti-competitive agreements, including cartels, tie-ins, bid-rigging, etc.
The primary function of Audit is:
(i) to verify the accuracy and completeness of accounts.
(ii) to secure that all revenue and receipts co...
Section 4(1) of the Payment of Gratuity Act, 1972, provides that gratuity shall be payable to an employee on the termination of his employment after he ...
Revenue should be recognized at the point of sale. Which principle is applied here?
Which risk is a bank facing due to the mismatch between its assets and liabilities tenure?
A fire insurance policy was issued for one year on 1st January 2024 with a total premium of ₹1,20,000. The insurer recognizes revenue on a time-propor...
What is the formula for calculating Maximum stock level?
Which ratio measures a company’s ability to meet short-term obligations excluding inventory?
A company is planning a capital raise of ₹20 lakh, with 60% from equity (cost 16%) and 40% from debt (cost 10%). If the tax rate is 30%, calculate its...
Which of the following statements are true about input tax credit?
Statement 1: Input tax credit of SGST can be utilised for payment of SGST firs...
Which of the following is an application area of Grid Computing?
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