In a sole proprietorship, the liability of the sole proprietor is unlimited. This means that the owner is personally responsible for all the debts and obligations of the business. In the event of business losses or liabilities exceeding the business assets, the personal assets of the sole proprietor can be used to settle the business debts.
MSF enables banks to borrow funds from Reserve Bank of India (RBI) in emergency situations when their liquidity absolutely dries up. Here, MSF stands fo...
In case of interstate transactions, the centre would levy & collect the integrated goods and services tax (IGST) under article 269A (I) of the constitu...
Pandit Samta Prasad, who was awarded the Padma Bhushan in 1991, is renowned for his expertise with which musical instrument?
India finished fourth in the overall medal tally at the Asian Games 2023. The correct order of India's gold, silver, bronze medals is:
Which of the following institutes has won the ‘Spirit of Mylapore Award’?
Name the only Indian who got featured in the Fortune’s Businessperson of the Year 2017 list?
Blue revolution is associated with which of the following?
When do we celebrate World Wind day globally?
National Institution for Transforming India(NITI) Aayog was formed ?
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