Question
Statement: India’s “Power-for all”plan is facing
a challenge as states such as Bihar, Uttar Pradesh, Jharkhand, West Bengal and Odisha have indicated that many people don’t want legal electricity connections to avoid rise in expenses. I. Many states are part of India’s project power-for-all. II. The practice of illegally acquiring electricity connections is rampant all over the country. 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
The correct answer is A
Given: Total Assets ₹250 lakh; Equity ₹100 lakh; Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Deb...
 A type of market in which securities with less than one year maturity are traded, is classified as
The primary objective of an Internal Audit, as opposed to a Statutory Audit, is to:
Which of the following conditions must be satisfied for a Regulated Entity (RE) to rely on third-party customer due diligence (CDD) under RBI’s KYC/AM...
As per revised RBI guidelines, what is the maximum annual household income for borrowers eligible under microfinance loans?
In whose favour is the Doctrine of Indoor Management?
What is the primary role of the Special Purpose Vehicle (SPV) in debt securitization?
Company Y acquires 80% of Z for consideration ₹4,00,000. Fair value of identifiable net assets of Z = ₹3,50,000. Calculate goodwill on consolidation.
Which ICDS deals with Accounting Policies?
ORACLE is an example of: