Question
Which accounting method is used for long-duration
insurance contracts under IND AS 104?Solution
Explanation: IND AS 104 requires the use of the Expected Cash Flow method for measuring and recognizing the insurance contract liabilities.
What was the percentage increase in India's import of Russian oil year-on-year in July 2024?
Which state government recently announced a special scheme offering a 50% subsidy on Nano Urea and Nano DAP to promote sustainable agricultural practices?
Union Minister Dr. Jitendra Singh recently launched the ‘InFLiMeN’ initiative to prevent and cure metabolic liver diseases. This initiative was laun...
With reference to the 11th International Day of Yoga (IDY) in 2025, consider the following statements:
1. Visakhapatnam has been chosen as the na...
Which bank has introduced several digital innovations on its 117th foundation day in July 2024, including a Generative AI-powered Virtual Rel...
Which entity has seen a 45% yearly growth in transactions, with the value crossing ₹20 trillion for the third consecutive month?
Which country recently approved the schedule for creating its orbital station by 2033?
Which two sectors were the focus of the initial SEBI stress tests before expanding industrywide?
Which areas were recently declared as Peacock Sanctuaries by the Union Minister for Environment, Forest and Climate Change, Mr. Bhupender Yadav? Â
Consider the following statements regarding the RBI’s e-Kuber platform and recent government directives:
1. From July 16, 2025, all government ...
Relevant for Exams:
