Question
In 2014, if rate of interest is increased by 3%, what
will be the amount received after given time?Solution
First, rate of interest, 12500 × r × 1/100 = 875 rate = 7% Now, new rate of interest = 7 + 3 = 10% So, Interest = 12500 × 10 × 8/100 = Rs 10,000 So amount = 12500 + 10000 = Rs 2,2500
A listed company did not appoint a woman director on its Board. During audit, you find non-compliance continuing for 6 months. What is implication?
In insurance accounting, what is "unearned premium"?
A company has issued non-convertible debentures. Which of the following is true?
The term ‘Previous year’ is defined under which section of Income Tax Act?
Which of the following is not a member ministry in the National Board for MSMEs?
From the following data calculate abnormal gain to be debited to process account.
Input introduced in process 1 = 2000 units
Output = 1900...
Goods worth Rs.100,000 taken by the owner for his personal use should be credited to:
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
_______ are denominated in GBP (Great Britain Pound) and issued in London. Issue proceeds can be used to fund UK operation.
Section 126 of the Indian Contract Act refers to:
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