Question
Consider the following statements: Assertion (A):
The President of India is not the constitutional head of the State. Reason (R): The Indian Parliament consists of the President the lower house Lok Sabha, and the upper house Rajya Sabha.Solution
Indian President is the constitutional or titular head of the executive, thus, (A) is false. Indian parliament is made up of houses of Lok Sabha and Rajya Sabha, and the President. Thus, (R) is true. Hence, the correct answer is (D).
Under bank reconciliation, cheques issued but not presented are:
Which of the following incomes is taxable under the head income from other sources?
Which item of revenue of the following is covered under Accounting Standard-9?
Ricky Ponting, an Australian Cricket Player visits India for 90 days in every financial year. This has been his practice for the past 11 financial years...
Which of the below import duties would be imposed?
In ratio analysis, DuPont identity decomposes ROE into:
Economic life of an enterprise is split into the periodic interval as per which concept?
Who can become an agent?
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is ₹ 12,00,000 and fixed cost is ₹ 6,00,000. The cap...
Prime or the most important Objective of financial management is ______.