Question
Two statements labelled as Assertion (A) and Reason (R)
are given. Read both the statement carefully and select the correct answer with the help of the codes. Assertion (A): Use of electric vehicles is being promoted. Reason (R): Electric vehicles are more environments friendly.Solution
The assertion (A) is true because the use of electric vehicles is being promoted. The reason (R) is also true because electric vehicles are indeed more environmentally friendly compared to traditional vehicles. However, the reason (R) doesn't directly explain why the use of electric vehicles is being promoted. There could be various reasons for promoting electric vehicles, including reducing air pollution, dependence on fossil fuels, and promoting sustainable energy sources. Therefore, while both statements are true, the reason is not a direct explanation of the assertion.
The government securities market in India is regulated by _______
A company invests โน60,000 in a project that generates โน15,000 as net annual cash inflow. What is the payback period of the project?
Plant purchased for โน6,00,000. Depreciation for year = โน1,00,000. Closing balance of Plant = โน10,00,000. Opening balance was โน5,00,000. Calculat...
A company purchased machinery for โน50,00,000 on 1st April 2020. Installation cost was โน5,00,000. Residual value โน3,00,000, useful life 5 years. On...
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
The audit that is made compulsory under statute is called _________.
Net Working Capital (NWC) is defined as:
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024โ25. It purchased a new plant worth โน1,000 lakh ...
A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borro...