Question
No one bothered to put a traffic blockade in place, as
required, and the welding of the tracks could not be completed before the train passed through. I. The train collapsed injuring many passengers. II. Signal is required to indicate that the repair work is in progress. In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement. Give answerSolution
I is an effect of the statement and not the assumption. Thus, I is not implicit. Since no one ‘bothered as required’ is mentioned. It means that signal like traffic blockade is a must to avoid accidents. Thus, II is implicit.
Which one of the following conditions should be fulfilled for an employee to be a specified employee?
Which of the following is not permitted in a Small Account under RBI’s KYC Directions?
Fill in the blanks by selecting appropriate word/s the List II.
List I:
1.   The _________ ratios are primarily measures of retu...
   Debenture redemption reserve is transferred to which reserve:
Which of the following is an example of a change in accounting policy that must be disclosed under AS 1?
The payback technique is especially useful during the time ________.
A statutory auditor of a company needs to report fraud/suspected fraud within _____ of his/her knowledge of the fraud.
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.
For an assessee required to file transfer pricing report under Section 92 E, the due date is _________ of relevant assessment year.
ICDS IV primarily deals with which aspect of financial reporting.
