Question
Two pipes X and Y can fill a cistern in 21 hours and 24
hours, respectively. The pipes are opened simultaneously, and it is found that due to a leakage in the bottom, it takes 48 minutes more to fill the cistern. When the cistern is full, in how much time will the leak empty it if no pipe is open during that time?Solution
A private company wants to issue shares to selected individuals through a private placement. Which section of the Companies Act, 2013 governs this process?
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of:
The reasons for employee turnover in an organization can be classified under 3 heads:
(a) Personal causes, (b) Unavoidable causes and (c) Avoidab...
What is the minimum Capital adequacy Ratio (CAR) requirement for a scheduled commercial bank as given by RBI?
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
ABC Ltd. records a lease as an asset and a corresponding liability in its books under Ind AS 116. The company uses this asset in operations and deprecia...
An interface that is also called Logic Tier in a three-tier architecture is known as _________.
What method is used to calculate the Sensex and Nifty indices in India?
An investor deposits ₹50,000 in an account offering 8% compound interest annually. What will be the maturity value after 3 years?
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
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