Question
In the question below there are three statements
followed by three conclusions I, II and III. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts. Statements: Only a few Year is Month. Only a few Month is Week. No Year is Day. Conclusions: I. Some Year being Week is a possibility. II. Every Month being Day is a possibility. III. Some Week is not Day.Solution
Only a few Year is Month (I) + Only a few Month is Week (I) → Probable conclusion → Some Year may be Week (I). Hence conclusion I follows. No Year is Day (E) → Conversion → No Day is Year (E) + Only a few Year is Month (I) → Some Month is not Day (O*) → Probable conclusion → Some Month may be Day (I). Hence conclusion II does not follow. Only a few Year is Month (I) + Only a few Month is Week (I) → No conclusion. Hence conclusion III does not follow.
 Interest paid on Debentures will come in which of the following activities in the Cash Flow Statement?
A company shows Net Profit of ₹12 crore, Depreciation ₹8 crore, Increase in Receivables ₹10 crore and Increase in Payables ₹4 crore. What is the...
A project proposes Debt of ₹140 crore and Equity (including reserves) of ₹60 crore. The industry norm allows maximum Debt–Equity of 2:1. What is t...
A term loan of ₹80 crore is secured by Plant & Machinery valued at ₹90 crore and land valued at ₹30 crore. The forced sale value of machinery is a...
As per the accounting standards, impairment loss on an asset occurs when recoverable amount is less than the carrying amount. Which of the following cor...
Match the following: