Question
Which institution released a report titled âDerailment
in Indian Railwaysâ?Solution
A report titled âDerailment in Indian Railwaysâ was released in 2022 by the Comptroller and Auditor General of India (CAG). This report flagged several shortcomings and provided multiple recommendations to improve the safety of the Indian Railways. It highlighted shortfalls in inspections and failures to use a dedicated railway fund on priority tasks.
Income arising from the transfer of an asset before 1- 4 - 61, which was not revocable for a period exceeding ______, is not includible in the total inc...
In the merger of X Ltd. and Y Ltd., it is decided that the amalgamation will be in the nature of a merger (as per AS-14). Which of the following conditi...
In a manufacturing company, budgeted production is 10,000 units and budgeted fixed overheads are âš5,00,000. If actual output is 12,000 units, what is ...
XYZ Ltd. shows difference between written-down value of a depreciable asset in books (âš4 lakh) vs tax books (âš5.5 lakh). The corporate tax rate is 3...
Interest payable on the bonds is a/an _______
An arrangement between two insurance companies whereby one transfer is a part of risk to other company is called?
The term â Previous yearâ is defined under which section of Income Tax Act?
Gross working capital refers to:
XYZ Ltd. reported a net profit of âš120 lakhs for the year ended 31st March 2025. The depreciation for the year was âš20 lakhs, and amortization of go...
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...