Question
Statement: Of the 478 storm water drains identified for
clean-up before monsoon in the city, only 167 have been taken up, and work on these is still under way. Assumption I: There is a shortage of manpower owing to which the authorities are not able to take up the task of cleaning of all the storm water drains. Assumption II: The authority has taken up clean-up of only those storm water drains which are in areas susceptible to water logging. In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Solution
Because of inadequate data none of the assumptions is implicit.
Under which menu heading does a balance sheet fall in Tally ERP 9?
Which of the following correctly defines a Bridge Loan?
A central PSU adopts sovereign guarantee-backed debt for a ₹2,000 crore infrastructure project. What impact will this have on its cost of capital?
Bank A/c is generally maintained in the ___?
Following information is available regarding an organization:
Direct material purchased: 1,50,000
Direct material consumed: 80,000
...
What is project financing?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed O/H absorption rate is 1.5 per unit, what is the break even point in Qty if the bu...
When book profits are less than taxable profits:
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
