Question
A question arises whether a Vigilance Commissioner is a
“public servant” for purposes of PC Act prosecution for alleged corruption. Which deeming provision clarifies this?Solution
Section 16 states that the CVC, every Vigilance Commissioner, the Secretary and every staff of the Commission shall be deemed to be public servants within the meaning of Section 21 IPC.
Which of the following is not one of the factors that play a role in charging depreciation?
Investment in debt instrument for which the company has intention to receive contractual cash flows and for which, the debt gives contractual cash flows...
In the CAMELS approach of risk assessment used for evaluating financial institutions, what does the letter ‘C’ stand for?
Premium income for the year is ₹240 crore, evenly earned. As at year-end, unexpired risk is 50% of premium. Calculate UPR to be carried forward.
When a borrower creates a charge over movable assets (present or future) in favor of a lender, but retains possession of those assets, such a security a...
Standard Price (Standard Quantity – Actual Quantity) = ____________.
The 'Stores Ledger' in material accounting is maintained based on the principle of:
The DuPont Analysis uses the following ratios except:
The basic accounting equation, Assets = Liabilities + Capital, is the foundation of which principle?
A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under whi...
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