Question
As per _______ of the Companies Act 2013, t he Board of
Directors of every listed company and such other class or classes of companies, as may be prescribed, shall constitute an Audit Committee.Solution
Section 174: Quorum (Minimum number to conduct meeting) for meetings of Board. Section 175: Passing of resolution by circulation. The Audit Committee shall consist of a minimum of three directors with independent directors forming a majority provided that majority of members of Audit Committee including its Chairperson shall be persons with ability to read and understand, the financial statement.
The J-Curve effect describes:
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
Which Index number satisfies both the time reversal test and the factor reversal test?
In the Solow Growth Model, if an economy is at its steady state and there is an increase in the savings rate, what happens in the long run?
If the expected value of the error is not zero, it is a problem only if this expected value is
Consider a bargaining game:
Find pure strategy Nash equilibrium.
In a two-sector economy, the consumption function is given as:
                           �...
In a derivatives contract, the party who has the right but not the obligation to buy an asset is said to have a:
A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 p...
For a monopolist, price is Rs.16 and marginal revenue is Rs.4, the elasticity of demand will be
